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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Lenders not lending to trusts? Posted by David on April 16, 2008 at 1:41 PM We got word from a loan broker that lenders have stopped lending money on trust-titled properties (except maybe citibank, if I read the last posting right). Everyone's advising us to always record the properties we buy under a trust; what exactly are the risks if we have a property under our own names just for as long as it takes to put a loan on the property (3-4 weeks after purchase at trusee's auction). Follow Ups: i understand both sides hard money lender 7:20 PM, 04/17/08 (5) Re: i understand both sides CC in OC 9:53 AM, 04/19/08 (4) Re: i understand both sides hard money lender 6:25 PM, 04/19/08 (3) Not really. CC in OC 6:58 PM, 04/19/08 (2) Re: Not really. hard money lender 7:13 PM, 04/19/08 (1) Have it your way. CC in OC 12:20 AM, 04/20/08 (0) Re: Lenders not lending to trusts? Jerry - Ca. 11:15 AM, 04/17/08 (0) have you tried belonging to your local credit union ? (n/t) hard money lender 8:15 AM, 04/17/08 (0) Blows the privacy a trust affords... Ward-CA- 7:12 AM, 04/17/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : We got word from a loan broker that lenders have stopped lending money on trust-titled properties (except maybe citibank, if I read the last posting right). Everyone's advising us to always record the properties we buy under a trust; what exactly are the risks if we have a property under our own names just for as long as it takes to put a loan on the property (3-4 weeks after purchase at trusee's auction). [ 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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