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The term “mortgage” is used whenever a person buys a home with a loan, but it’s not always the right terminology. Some states ...
A quitclaim deed is a legal document that lets you transfer a property’s title from one party to another. This is done without making any changes to the property title.
For example, some states require a deed of trust while others require a mortgage. ... Continue reading → The post Deed of Trust vs. Mortgage: Key Differences appeared first on SmartAsset Blog.
In some states, after you pay off a home loan, your lender issues you a document known as a deed of reconveyance. This means that the title to your home is no longer being held as collateral.
Similar to a mortgage, a deed of trust is available in select states. Find out what it is, how it works and what makes it different from a mortgage.
A mortgage note is a legal document for the loan contract between the lender and borrower when purchasing real estate. It is signed by the borrower at closing.
REAL ESTATE MATTERS | If you and your husband owned the home as joint tenants with rights of survivorship, you automatically and legally became the sole owner of the home upon your husband’s death.
Question from Paul: I soon will be making the final mortgage payment on my home. Never having done this before, I'm not sure what happens next. Will the bank send me a deed to my home showing the ...