When closing on a home, you might sign either a mortgage or a deed of trust. Both use the home you buy as collateral for your loan, and both require a promissory note (a document in which you agree to ...
When you prepare to purchase a home, you'll usually find an avalanche of paperwork you must complete. A deed of trust is one document you should not sign without understanding its implications. In a ...
Secured loans are made every day by banks, credit unions, and other financial lenders. If the security for repayment of a loan is real estate, the security is taken in the form of a deed of trust ...
A deed of trust is used in over half of states instead of a mortgage. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...
Q: I recently paid off my mortgage and received a Certificate of Satisfaction from my lender that was recorded with the county recorder's office. This certificate stated that the lien had been ...
A deed of trust is a legal document that provides mortgage lien security in favor of a lender or creditor. Satisfaction of the obligation underlying the deed of trust imposes an affirmative legal ...
As a homeowner, you may use a deed to transfer ownership or take out a loan on your property. There are several different types of deeds that you may use, but two of the most common are grant deeds ...
Q: I recently paid off my mortgage and received a Certificate of Satisfaction from my lender that was recorded with the District of Columbia County Recorder. This certificate stated that the lien had ...
N.C. Gen. Stat. § 45-36.6(b) provides that if a secured party erroneously records a release or satisfaction of a security instrument, then the secured party can file a document of rescission that will ...