question - Posted by Carl Snow

Posted by colvegas on September 07, 2006 at 18:30:24:

Carl,
I think you are confused a loan does not convey or go to the trust the title/deed does and it goes to the trustee.
There are 2 areas in real estate the fianancing/loan side which the lender holds the note the the legal and equitable title which the borrower holds showing ownership of the property.
If I can help further my email is colvegas07@hotmail.com

question - Posted by Carl Snow

Posted by Carl Snow on August 23, 2006 at 15:16:08:

I have a question that I can’t find the answer to, could you help
me with this?

A loan is currently in trust and the borrowers want the loan to be
solely in their name. What is required to transfer the loan out of the
trust?