Category: Deed of Trust

THE EVIDENCE OF SECURITY, DEED OF TRUST

What is a Deed of trust? The Deed of Trust is the document evidencing the security in the property. It is the instrument used by the lender to foreclose on the property if its terms are not met. The most obvious term is that the mortgage payments must be paid on time, but there are other terms in the Deed of Trust you may not be aware of: ● For a primary residence, the borrower shall occupy the residence within 60 days of the execution of the Deed, and shall continue to occupy the property as the primary residence for...

Read More