Do I need to file new Trust Do I need to file new Trust Deed with LA County recorder ?

Lenders can modify a loan, such as by advancing additional sums to the borrower, and the original trust deed can still secure the loan. However,...

Selected as the best answer

How do we make a new loan in a different amount to buyers who purchased real estate from us and show our Living Trust as owner?

The borrower will make out a note to you as Trustees of your living trust. Borrower will also sign a trust deed for the $200,000 in favor of you...

We need a lawyer, for a litigation real estate case, with a damages suit. We are the Plaintiffs and there is a cross complaint.

If you are on title, then you can force the partition sale. I need more facts to give you a better idea of the potential outcome.

An investor who owns a condo in Calif doing a short sale. Only 1 loan a cash-out refi. Can Bank purse a deficiency judgement?

You need to make sure the short sale contract you sign with the lender forgives any deficiency. Otherwise, don't do the short sale. If the lender...

I am short selling my home but the mortgage insurance co will not let the sale go thru unless i pay 140000,is this correct?

Do you only have a first mortgage? If so, let them foreclose. If they foreclose on the loan then that is the end of it. You will not be liable...

My legal rights?

If they failed to notify you, then you have a claim for wrongful foreclosure. You should file a complaint immediately and obtain a TRO and then a...

Can I still contribute to my 401K while filing for shortsale/foreclosure on my investment properties?

By participating in a short sale you are saving the banks lots of money by allowing them to forego the costs of foreclosure. If they were to...

Can I still contribute to my 401K while filing for shortsale/foreclosure on my investment properties?

By participating in a short sale you are saving the banks lots of money by allowing them to forego the costs of foreclosure. If they were to...

In a foreclosure, do I need to settle with 2nd lien if it's purchase money?

Some states, like California, enacted laws to prevent the harsh outcomes resulting from the foreclosures during the great depression. One of...

Do you have an estimate for the cost of the repairs? The actions you take should be relative to the amount at stake. As the contractor was the...