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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Foreclosure Posted by Ward-CA- on November 26, 2001 at 3:42 PM In Reply to: Foreclosure posted by Steve on November 26, 2001 at 9:01 AM : I have a friend who wants to grant me title to their home to keep it from being foreclosed on. The home has 150K of equity. What document do I need to facillitate the transfer of ownership and where do I get it ? =?=?=?=?=?=?=?=?=?=?= Steve, I have a question for you and that is: Are you assuming that the mere transfer of ownership of a property would somehow stop an ongoing foreclosure or stop the initiation of a foreclosure? That seems to be what you are intimating in your first sentence, but perhaps you?re going to reinstate whatever delinquency that exists to prevent the filing of a foreclosure or prehaps you intend to reinstate an ongoing foreclosure. In CA you would use a Grant Deed form to transfer title from your friend to yourself. To get a blank grant deed just call the customer service of a local title company and they?ll give you one free. I hope you are not thinking of taking title directly in your name. If so, please click on the link below for info on taking title in a title holding trust. The Title Holding Trust Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I have a friend who wants to grant me title to their home to keep it from being foreclosed on. The home has 150K of equity. What document do I need to facillitate the transfer of ownership and where do I get it ? : =?=?=?=?=?=?=?=?=?=?= : Steve, I have a question for you and that is: Are you assuming that the mere transfer of ownership of a property would somehow stop an ongoing foreclosure or stop the initiation of a foreclosure? That seems to be what you are intimating in your first sentence, but perhaps you?re going to reinstate whatever delinquency that exists to prevent the filing of a foreclosure or prehaps you intend to reinstate an ongoing foreclosure. : In CA you would use a Grant Deed form to transfer title from your friend to yourself. To get a blank grant deed just call the customer service of a local title company and they?ll give you one free. I hope you are not thinking of taking title directly in your name. If so, please click on the link below for info on taking title in a title holding trust. 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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