Consider this scenario: You loan money to a borrower. You intend to secure the loan with a deed of trust encumbering real property. Your borrower signs a promissory note dated November 7, 2006. But ...
When closing on a home, you might sign either a mortgage or a deed of trust. Both use the home you buy as collateral for your loan, and both require a promissory note (a document in which you agree to ...
When you prepare to purchase a home, you'll usually find an avalanche of paperwork you must complete. A deed of trust is one document you should not sign without understanding its implications. In a ...
A deed of trust is a legal document that provides mortgage lien security in favor of a lender or creditor. Satisfaction of the obligation underlying the deed of trust imposes an affirmative legal ...
A deed of trust is used in over half of states instead of a mortgage. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...
DEAR JEFF: I’ve been asked to sign a “deed of trust.” I’ve never bought a house before. What is the purpose of a deed of trust? Thanks, “Not Very Trusting” Dear “Not Very Trusting”: Since you have ...
Q: Marsha, what is a Deed of Reconveyance and is it something I should be concerned about with my home? A: Oh yes, it is something you should be concerned about. When you borrowed the money secured by ...