Posted by B.L.Renfrow on May 20, 2000 at 09:04:59:
Simply execute a deed into the name of the trust. As for the benefits, that’s been addressed in many, many previous posts. If you do an archive search you should find plenty of articles on the subject. The main benefit is privacy and the ability to “assume” a non-assumable loan in a subject-to transaction.
Brian (NY)
Putting a property in Trust? - Posted by Tim
Posted by Tim on May 19, 2000 at 23:49:51:
Hi everybody! I’m still pretty new at this business!Can someone please explain to me how to put a property in the name of a Trust as opposed to the actual owner’s name, and also explain what the benefit of doing this would be? Thank you all so much for taking time out of your day to read my post & assist me with this question! Have a great day, and thanks again!
Sincerely,
Tim