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Foreclosure Forum |
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Extra time needed for special funding routine..In Reply to: Re: Title holding trusts ARE extra work sometimes... posted by David on May 10, 2002 at 9:40 PM : Does the property you’re exchanging in to have to be titled in a trust if the property you’re exchanging out of is in a trust? If so, I can see how this would be a problem, ouch. : David No, the property I would be exchanging in to wouldn't have to be in a trust, but I'd take title to it via a new trust. My concern is, that given the time constraints most exchanges are subject to, it might take me too long to find a lender that would make a loan directly to that new trust. Follow Ups:
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