Is title good? - Posted by Susan Kolmorgan
Posted by Susan Kolmorgan on May 23, 2007 at 21:26:05:
When my Mother was in the hospital she asked me to secure the house that my brother was living in. She had not gotten around to placing the title into the trust for which I am the trustee. I, at the time, had P.O.A. so I went to the assessor and put the title in trust with my brother as beneficiary and myself as trustee. The tax colector has sent a reevaluation tax bill/statement which shows that there has been a change in ownership. The property is in foreclosure, I have a buyer, yet the escrow agent is saying that no one can be both Grantor and Grantee thus title is clouded. Is this so?