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A very rare occurrence...

December 22, 2011 03:22PM
Quote
kalmandos
We did make an offer with no response, the borrower's lawyer (borrower is servicing at the Army) is asking for it to see any legal loop. I don't know if the promisory note has to be filed along with the Deed of Trust.


No, for privacy reasons it is not required that one has to record a promissory note that is secured by a recorded trust deed. As a consequence it's very rare to see such a recorded document.

--------------------------Ward

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Subject Author Views Posted

Private Investor not providing copy of the Promisory Note!

kalmandos 3489 December 19, 2011 12:55PM

Re: Private Investor not providing copy of the Promisory Note!

Rick Harmon 2299 December 19, 2011 03:23PM

Re: Private Investor not providing copy of the Promisory Note!

Kristine-CA 2293 December 20, 2011 08:26AM

Re: Private Investor not providing copy of the Promisory Note!

kalmandos 2440 December 20, 2011 06:18PM

A very rare occurrence...

Ward-CA 2310 December 22, 2011 03:22PM

Re: A very rare occurrence...

kalmandos 2195 December 27, 2011 05:41PM



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