When buying a home, it is not enough to just come up with the money. With the exception of no asset verification loans, lenders want to verify where the money for your new home will be coming from.
Title Insurance Requirements for Insuring Trusts (Title and Escrow)
Dated: October 28 2019
What is a trust?
Can a trust itself acquire and convey interests in real property?
What will the title company require if a trustee holds the title to the property which is part of the trust?
My trust contains certain amounts of money to be given to various charities which is none of your business. Can I omit these pages?
If there is more than one trustee, can just one sign?
Can the trustee give someone a power-of-attorney?
What will the title company require if all the trustees have died or are unwilling to act?
How does a notary acknowledge the signature of the trustee?
How would the deed to the trustee ordinarily be worded to transfer title to the trustee?
Are there any limitations on what a trustee may do?
My name is Carlos Credle and I'm Mr. Everything Real Estate. I’ve been selling and negotiating most of my life. At age 11, I was credited with the purchase of my first home, when I convinced my pare....
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