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If you own a home, you may have signed a trust deed that gives the mortgage lender a claim on the property.A default on the loan gives the lender the legal authority to foreclose on the loan and take possession of the house.Use your "Tab" key to navigate through the fields top to bottom.
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Additional Information Here Affidavit-Death of Joint Tenant Affidavit-Death of Transferor Under Revocable Transfer on Death Deed Affidavit - Death of Trustee Affidavit - Death of Trustee - Succession of Successor Trustee Affidavit of Death - Terminating Life Estate Interest Affidavit - Documentary Transfer Tax Affidavit Affidavit of Mailing All Inclusive Deed of Trust and Assignment of Rents (Long Form) Assignment of Deed of Trust Assignment of Mortgage Claim for Reassessment Exclusion for Transfer Between Parent and Child Corrective Affidavit for Minor Re-Recording Correction Declaration of Homestead Declaration of Abandonment of Homestead Declaration of Non-Military Service Deed of Trust - Long Form All Inclusive and Assignment of Rents Deed of Trust Grant Deed - Interspousal Grant Deed - Interspousal Transfer Grant Deed Grant Deed - Interspousal Specific R&T63 Grant Deed - Interspousal Community Property w/Right of Survivorship Grant Deed - Trust Transfer Homeowners' Exemption San Bernardino County Homeowners' Exemption Riverside County Homeowners' Exemption Imperial County | Information contained herein is deemed reliable but is not intended as a guarantee.
Floridians who wish to hold on to valuable assets, such as the family home, often choose to file for Chapter 13 bankruptcy when they find themselves drowning in debt.
They get to keep their property while paying some or all of their debt over an extended period of time.
The new owner of the trust deed becomes the lender and collects all mortgage payments, sometimes on its own and sometimes through a servicing company.
If a default occurs, the latest assignee has the right to foreclose and repossess the home.
The buyer then has the assignment of trust deed recorded with the registrar of the county where the property is located.
A borrower has no legal right to block or negotiate the terms of an assignment of trust deed.