![]() |
Foreclosure Forum |
|
Trust Bank Account?I was wondering if you could give me some advice as to the easiest and least expensive way to set up a bank account for a land trust I want to establish for a property. I want to pay rehab bills, etc. from the account. Me expectation (fear) is that the bank will want to establish a high-fee "trust account" which I want to avoid. Also, is a federal tax ID number (other than SS#) needed to set up such an account?
Follow Ups:
Post a Followup:
|
Copyright © 1997-2001, InnoVest Resource Management
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455