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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] 2nd Trust Deeds Posted by Rich on January 23, 2004 at 1:49 PM Hi, I was wondering if someone could give me a little more information on second trust deeds in California. Basically, someone is asking to borrow a significant amount of money from me, and has offered to secure this loan with property that is already been deeded. How does one go about obtaining a second trust deed? Does the "homeowner" have any right to issue this second trust deed or do I need to get something from the bank that holds the primary deed? Also, what are my rights of foreclosure if he stops paying me but continues paying his primary debt? Thanks Follow Ups: Making trust deed loans Ward-CA- 11:47 AM, 01/26/04 (0) Re: 2nd Trust Deeds Lughead 4:46 PM, 01/23/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi, : I was wondering if someone could give me a little more information on second trust deeds in California. Basically, someone is asking to borrow a significant amount of money from me, and has offered to secure this loan with property that is already been deeded. How does one go about obtaining a second trust deed? Does the "homeowner" have any right to issue this second trust deed or do I need to get something from the bank that holds the primary deed? Also, what are my rights of foreclosure if he stops paying me but continues paying his primary debt? : 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

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