Trust Deed vs. Mtg States - Anybody have a list - Posted by Bill Gatten

Real Estate Investing
1

Posted by Eduardo (OR) on December 06, 1998 at 17:07:04:

2

Trust Deed vs. Mtg States - Anybody have a list - Posted by Bill Gatten

Posted by Bill Gatten on December 04, 1998 at 21:11:40:

Does anyone happen to have a by-state listing of indicating which are Mortgage states such as California, and which are mortgage states (e.g., NY, NJ, etc.)?

Thanks

Bill

3

Re: Trust Deed vs. Mtg States - Posted by Marvin Seawood

Posted by Marvin Seawood on December 04, 1998 at 22:12:56:

Mortgage: Alabama,Arkansas,Connecticut,Delaware,Florida,
Hawaii,Illinois,Indiana,Iowa,Kansas,Kentucky,
Loisiana,Maine,Massachusetts,Michigan,Minnesota,
Nebraska,New Hampshire,New Jersey,New York,
North Dakota,Ohio,Oklahoma,Oregon,Pennsylvania
Rhode Island,South Carolina, South Dakota,Utah
Vermont,Washington,Wisconsin,Wyoming.

Deed of Trust:
Alaska,Arizona,California,Colorado,District of
Columbia,Idaho,Maryland,Mississippi,Missouri,
Montana,Nevada,New Mexico,North Carolina,
Tennessee,Texas,Virginia,West Virginia.

Security Deed:
Georgia.

Source:
Capital Investment Systems - Del Mar, California

4

Re: Trust Deed vs. Mtg States - Posted by Bill Gatten

Posted by Bill Gatten on December 07, 1998 at 14:55:23:

Marvin,

Thank you so much. I hope I can return the favor some day.

Bill

5

WA is not a mortgage state . . . - Posted by Joe Kaiser

Posted by Joe Kaiser on December 06, 1998 at 10:42:45:

. . . since 99% of loans here are secured by a deed of trust. Although a mortgage does show up every once in awhile.

Joe

6

New York is correct - Posted by Bob Eberle

Posted by Bob Eberle on December 06, 1998 at 07:54:10:

mortgage state

7

Kentucky is listed correctly - Posted by Jack

Posted by Jack on December 06, 1998 at 01:19:23:

(Mortgage State)

8

Oregon is Deed of trust. - Posted by CC

Posted by CC on December 05, 1998 at 20:12:09:

.

9

Re: Trust Deed vs. Mtg States - Posted by Rob FL

Posted by Rob FL on December 05, 1998 at 14:38:54:

FL is mortgage/lien theory.

10

Arizona is a Trust Deed state (nt) - Posted by Stacy (AZ)

Posted by Stacy (AZ) on December 05, 1998 at 14:31:05:

(nt)

11

Massachusetts is correct. (nt) - Posted by Soapymac

Posted by Soapymac on December 05, 1998 at 09:11:25:

.

12

Almost - Posted by John Behle

Posted by John Behle on December 05, 1998 at 24:05:56:

No offense, but don’t rely on that list.

There are lists out there that seem to go from seminar to seminar. Where they originated, who knows, but they end up in every informercial promotor’s materials. Most stem from the same route source.

THEY ARE INACCURATE.

I can’t tell you every state, but several states are totally off base. Utah for example has been a trust deed state for over 30 years. I hope the lists aren’t that old.

Perhaps every one who notices an error on their state can chime in and we’ll actually have a current list.