![]() |
Foreclosure Forum |
|
Refinancing a Property Held in TrustWard: How do you refinance a property where the title is held in trust? The lender will place a deed of trust naming the borrower as the trustor. Will they record the deed of trust naming the trust as a trustor? I'd like to refi to improve the cash flow from my rental and pay off the underlying loan that I took 'subject to'. I have weighed the benefits of the anonymity maintained with the existing loan against the additional $400/mo cash flow from the lower interest refi and the cash flow wins. Your thoughts? Gary Follow Ups:
Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.
Copyright © 1997-2002, InnoVest Resource Management
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455