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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] THT Posted by Dale Tillman on October 16, 2006 at 8:25 PM Just to confirm, the only reason to use a THT is to circumvent the due on sale; are there any other reasons I'm not thinking of? If I'm negotiating a short sale than there isn't a reason to use the THT, correct? Another question; if I use the THT and have the Seller deed the property over to me, once I record the deed I would then become liable for any past due taxes on the property, which I would have accounted for in my proforma. But if the deal doesn't work for some reason, would I then use the 'Notice of Non-Acceptance of Deed' to remove myself from title and the tax obligation? Follow Ups: Re: THT Dale 8:29 PM, 10/16/06 (9) Please read article to left titled "Title Holding Trust" (nt) JK (the other JK) 10:00 PM, 10/16/06 (8) benefits of THT during acquisition of a short sale prop? Dale 7:03 AM, 10/17/06 (7) Here's one... Ward-CA- 11:20 AM, 10/17/06 (4) Re: Here's one... Dale 1:02 PM, 10/17/06 (0) Re: Here's one... Dale 1:02 PM, 10/17/06 (0) Re: Here's one... Dale 11:27 AM, 10/17/06 (1) Not if... Ward-CA- 12:32 AM, 10/17/06 (0) Re: benefits of THT during acquisition of a short sale prop? Dale 7:08 AM, 10/17/06 (1) Re: benefits of THT during acquisition of a short sale prop? Jerry - Ca. 3:08 PM, 10/17/06 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Just to confirm, the only reason to use a THT is to circumvent the due on sale; are there any other reasons I'm not thinking of? If I'm negotiating a short sale than there isn't a reason to use the THT, correct? Another question; if I use the THT and have the Seller deed the property over to me, once I record the deed I would then become liable for any past due taxes on the property, which I would have accounted for in my proforma. But if the deal doesn't work for some reason, would I then use the 'Notice of Non-Acceptance of Deed' to remove myself from title and the tax obligation? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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