Posted by DavidV on April 19, 2002 at 01:31:36:
The bank would probably want you to deed back out of the trust to the beneficial interest holder to refi. You never know, call some and ask.
Posted by DavidV on April 19, 2002 at 01:31:36:
The bank would probably want you to deed back out of the trust to the beneficial interest holder to refi. You never know, call some and ask.
Refi? How - Posted by sean
Posted by sean on April 18, 2002 at 16:31:53:
I have a question about refi on a trust.
This isn’t a time sensitive thing, I was just wondering, if you have an owner finance in a trust, how do you refi if the deed isn’t in your name yet? It seems this wouldn’t be difficult to get around, but I haven’t come up with anything yet.
Has anyone here ever had this problem???
Re: Refi? How - Posted by Rufus Terwiliger
Posted by Rufus Terwiliger on April 19, 2002 at 14:45:17:
Assuming you’re referring to a land trust, you can just buy the property from the trustee (the legal and equitable title owner), then after the financing, put it back into another land trust…
Roof