TRUST DEED

TRUST DEED. Just as with a mortgage this is a legal document by which a borrower pledges certain real property or collateral as guarantee for the repayment of a loan. However, it differs from the mortgage in a number of important respects. For example, instead of there being two parties to the transaction there are [...]

By |2020-03-01T00:33:26+00:00July 20th, 2012|Categories: Real Estate News|0 Comments

TRUSTOR

TRUSTOR. One who borrows money from a trust deed lender, then deeds the real property securing the loan to a trustee to be held as security until trustor has performed the obligation to the lender under terms of a deed of trust.

By |2012-07-20T00:10:39+00:00July 20th, 2012|Categories: Real Estate News|0 Comments

WRAP AROUND MORTGAGE

WRAP AROUND MORTGAGE. A financing device whereby a lender assumes payments on existing trust deeds of a borrower and takes from the borrower a junior trust deed with a face value in an amount equal to the amount outstanding on the old trust deeds and the additional amount of money borrowed.

By |2012-07-20T00:09:07+00:00July 20th, 2012|Categories: Real Estate News|0 Comments

Real Estate Terms

My Key Real Estate is Owned by Realtor / Real Estate Agent Michael Marchena  Located in Riverside California. Here are some Real Estate terms you might find useful while making your Real Estate transaction. ABSTRACT OF TITLE. Summarized history of the legal title to property, shows changes of title, records of liens and encumbrances. ALTA OWNERS POLICY. (American Land Title [...]

By |2012-06-22T20:27:28+00:00June 22nd, 2012|Categories: Real Estate News|0 Comments

January 2012 Real Estate Market Update

2012 shows signs of an improving housing market as the U.S. economy continues its forward-moving yet slow road to recovery. Although there are economists projecting housing prices will decline further, aided by distressed property sales that sell at a greater discount, these prices are expected to rebound considerably later in the year and continue into [...]

By |2023-10-20T20:10:06+00:00January 1st, 2012|Categories: Real Estate News|0 Comments
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