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BEFORE – Foreclosure Solutions Contact Information

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In a deed (aka deed of trust) State, the person that purchases the home receives a deed to the property and does in fact own the property. However, if there is a mortgage taken out by the borrower, this ownership is subject to a deed of trust held by a third party (usually an attorney) for the mortgage company (if there is a mortgage).

The most important point to get here is that in trust deed States, the ownership of the property and the debt against the property are two different animals. In other words, I can, as an owner, sell you the deed to my property, even though there is a mortgage against the property.

The new deed holder would still have to satisfy the debt against the property to own it outright, but they do in fact now own the property.

We help home buyers Los Angeles because we are home buyers and we help home sellers because they need us.

Let’s discuss the best way to move forward.  Before it’s too late!