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How can I sell or transfer the property out of the THT

Posted by cloud on November 04, 2003 at 7:28 AM

I'm buying the property from the person whose house is about to be foreclosed on (NTS was filed) so I then go ahead get him do all the paperworks which is
1. EPA
2. warranty deed to trustee
3. Declaration of trust
4. ABI
Then, 2 days later there is one person who want to buy that house from me, how can I go about selling it to him. I know that I can transfer all the beneficiary to him and I told him so. Then, he ask me what if he fix it up and just want to sell it out of the trust??? I totally stunned because I have no idea!!!!!!! This is my first deal and I'm so confuse. Please anyone here please advice.


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