As the name implies, a deed in lieu of foreclosure (commonly known as deed in lieu) is an agreement that allows a homeowner to avoid foreclosure by voluntarily “deeding” – a fancy word for “turning” – ...
As a homeowner, you may use a deed to transfer ownership or take out a loan on your property. There are several different types of deeds that you may use, but two of the most common are grant deeds ...
A deed of trust is a legal document that provides mortgage lien security in favor of a lender or creditor. Satisfaction of the obligation underlying the deed of trust imposes an affirmative legal ...
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What is a deed of reconveyance, and how does it work?
A deed of reconveyance proves you’ve paid off the mortgage on your home.
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Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.
This document spells out who holds the legal title to a home Written By Written by Contributor, Buy Side Kim Porter is contributor to Buy Side from WSK and expert on mortgages, student loans and debt ...
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