InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Code References 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Privacy via a title holding trust... Posted by Ward-CA on October 23, 2006 at 7:38 PM In Reply to: trust and privacy posted by hard money lender on October 23, 2006 at 6:25 PM HML, 1). Yes, in this computer age, both the title industry and the county recorder’s title searching approaches are primarily computer based. 2). In Southern CA, the title companies’ title record databases have been computerized since January 1970. 3). Yes, it’s very beneficial to transfer the title to real property out of your name and into a title holding trust (THT) as soon as you possibly can. That’s because most asset-oriented searchers only search back in time about 5 years. 4). Obviously, it’s very advantageous to utilize the incredible privacy afforded by a THT right from the start, so that your name would have never been in the public records. But hiding your connection to real property at any time is always a lot better than never at all. Hope this helps, --------Ward----------- ========================= : if a person wants to hide their assets, i am assuming that the entity trying to find said person's assets, has an ability to do some sort of computer search on a real estate data base. is this true ? : assuming it is, does the program look at the current owner, or is the program also able to look backwards through all the title transfers ? : the main reason i am asking is to find out whether it is any benefit to place a property that was in your name in the trust. : i am well versed on the other advantages of a living trust, but does placing a property once in your name into a trust, have any effect on another entity's ability to find it ? or must you place it in the trust at first acquistion, in order to hide it ? : i am aware that the property is placed with a trustee, other than yourself, so that your name is nowhere on the title. : thanks. Follow Ups: Re: Privacy via a title holding trust... hard money lender 9:01 PM, 10/23/06 (3) Re: Privacy via a title holding trust... hard money lender 11:20 PM, 10/23/06 (0) Looks like you're hooked on trusts... Ward-CA- 10:35 PM, 10/23/06 (1) Be careful Gary Mialocq 6:33 AM, 12/22/06 (0) Post a Followup: Name : E-Mail : Subject : Comments: : HML, : 1). Yes, in this computer age, both the title industry and the county recorder’s title searching approaches are primarily computer based. : 2). In Southern CA, the title companies’ title record databases have been computerized since January 1970. : 3). Yes, it’s very beneficial to transfer the title to real property out of your name and into a title holding trust (THT) as soon as you possibly can. That’s because most asset-oriented searchers only search back in time about 5 years. : 4). Obviously, it’s very advantageous to utilize the incredible privacy afforded by a THT right from the start, so that your name would have never been in the public records. But hiding your connection to real property at any time is always a lot better than never at all. : Hope this helps, : --------Ward----------- : : ========================= : : if a person wants to hide their assets, i am assuming that the entity trying to find said person's assets, has an ability to do some sort of computer search on a real estate data base. is this true ? : : assuming it is, does the program look at the current owner, or is the program also able to look backwards through all the title transfers ? : : the main reason i am asking is to find out whether it is any benefit to place a property that was in your name in the trust. : : i am well versed on the other advantages of a living trust, but does placing a property once in your name into a trust, have any effect on another entity's ability to find it ? or must you place it in the trust at first acquistion, in order to hide it ? : : i am aware that the property is placed with a trustee, other than yourself, so that your name is nowhere on the title. : : thanks. 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

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. Read our privacy policy.

Copyright © 1997-2006, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455