Real Estate

DO YOU REALLY NEED A LAND TRUST?

First, what does a land trust do? It allows the recording of land title anonymously using a 3rd party trustee, thereby providing some protection from being discovered as the true owner of the land. However it should be noted a…

ESCROW AGREEMENTS

Escrow agreements are used to safeguard money or property with a neural third party while a transaction is completed. The escrow agent is the neutral party that will hold the property until a transaction is completed or fails and will…

SURPLUS OR EXCESS FUNDS AFTER FORECLOSURE

The typical foreclosure will not result in an amount above and beyond that which is owed to the lender, and the defaulted borrower may be on the hook for the deficiency. New laws allow the deficiency of the borrowers to…