Deed of Trust is a legal document in which the borrower transfers the title to a 3rd party (trustee) to hold as security for the lender. When the loan is paid in full the trustee transfers title back to the borrower. If the borrower defaults on the loan the trustee will sell the property and pay the lender the mortgage debt
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Deed of Trust is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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