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Updated over 1 year ago on . Most recent reply

Bruce M.'s profile image
Bruce M.'s profile image
Bruce M.
  • from Canyon Lake, Texas
  • Member since Mar 13, 2008
Connect

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74
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Bruce M.'s profile image
Bruce M.'s profile image
Bruce M.
  • from Canyon Lake, Texas
  • Member since Mar 13, 2008
Connect
Bruce M.
  • Canyon Lake, TX
3
Votes |
74
Posts
Buying & Selling Real Estate

Trust Deed: Trustee - Who can it be?

Bruce M.
  • Canyon Lake, TX
Posted

With a Trust Deed, you have the Grantor/Buyer, the Trustee, and the Grantee/Seller.   Typically the Trustee is a Title Company or Loan servicer.   But can the Trustee also be the Grantor?       This deed could be in service for 30 years with no action by the Trustee and any named Trustee which is a title company or servicer could go out of business... so why not make the trustee the Grantor, someone with a real vested interest?

Eugene, Oregon
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