Grandpa Ward and high school grad, Chris.

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Store

Foreclosure Codes

50 State Resource Data

Foreclosure Glossary

Foreclosure Statistics

60+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

Home

 

BBBOnLine Reliability Seal

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

OK as long as you haven't recorded the transfer deed yet.

Posted by Ward-CA- on September 11, 2003 at 9:50 PM

In Reply to: created trust today...before reading your answer....so? posted by zachary on September 11, 2003 at 8:56 PM

: Ward,

:
: Just got a chance to read your replys...I understand what you are saying about creating the trust first witht seller as trustee.....

: the only problem is that I met with the sellers today and created teh trust.

: "sellers trust" with me as the trustee.

: I am confident that this one will be fixed up and sold in under 2 months....do you think I have anything toworry about??

:
: zachary
-=-=-=-=-=-=-=-=-=-=-=-=-

Zachary,
As long as you haven’t recorded the deed yet it isn’t too late to make them the trustee initially, so that the lender only sees their name as the trustor and trustee on the Certification of Trust and transfer deed.


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: 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 © 1997-2003, 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

[an error occurred while processing this directive]