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Re: land trusts in CA

Posted by El Guapo on February 16, 2005 at 11:03 PM

In Reply to: Re: land trusts in CA posted by Martha Chiriboga on February 15, 2005 at 7:34 PM

: : I have read a lot about land trust and I want to set one up for a property I am buying right now.

: : I am familiar with how to set one up...I just want to know if there is anything I need to know in regards to setting one up in California.

: : Thanks
: : Gene

:
: Call you local and friendly title company. I prefer to do my bidness with Chicago Title and Trust. Make an appointment with any of the escrow officers, bring 'em Starbucks and ask them for all you need. They get paid a base plus commish. So, that makes 'em motivated to help the public.
: I would call in advance, and ask what type of drink she/he prefers (as some escrow officers may not even drink coffee...personally, I prefer Chai Tea).

: Best Regards,
: Martha Chiriboga
: Arizona Princess
: ibuyhouses.modblog.com


Martha:

I have talked to a number of title reps within the last 4 weeks. Without exception, they are
completely unaware of the concept of a Title Holding Trust/Land Trust.

I met a Real Estate broker at a Starbucks here in Pasadena and he, too, was devoid
of any knowledge regarding THT's.

Ward and Craig are absolutely correct.

El Guapo


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