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Updated almost 9 years ago,

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Brian Williamson
  • Investor
  • Cheltenham, PA
0
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Trust Deed

Brian Williamson
  • Investor
  • Cheltenham, PA
Posted

When you do a "subject to" purchase in a trust deed state wouldn't that deal send a red flag to the trustee who is the watch dog over the security instrument on behalf of the lender - thereby, triggering the "the due on sale'? It appears that a "trust deed" is a sitting duck for the due on sale, more so then a mortgage deed, due to the trustee. So, how do you transfer title without going through the trustee? It appears they are right at the "front door". They stand between the bank and the borrower - like big brother for the bank!!!!! Can someone share light on this? What am I not understanding here?

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