Even in some cases of divorce, where one spouse has the obligation to maintain the obligation, the other spouse stays on the instrument and note until a refinance is completed formally or the property is sold.

Fourth, you will want to know the effect of a charging order against the LLC in the state which holds your property (Texas and Nevada are great for asset holding companies as the charging orders are fairly weak).Asset Protection is not a one size fits all, and the various instruments are on a sliding scale of protection and their associated costs.

If there is not note to collect on, there can be no instrument securing the note.  

I know Newer trailers could be in our area the cutoff was 1976 and newer had to do with building codes or something.. so in that case as a note buyer you would need the assignment of trust deed and then put a security instrument ( like car loan) on the trailer.. most 1971 trailers tough in all practical purposes are all but  worthless so the only value in reality is the dirt.. 

Only becasue of Clayton Morris.Also really liked Gully  he was polarizing and i did not agree with everything he said especially about fractionalized mortgages since they are alive and well in CA.. so you cant put one type of debt instrument and say its illegal in all states.Anyway.. off to the pool here in a little bit..  

After that, you will go once a week, have someone go for you, or use the legal instrument, or website, that list obituaries in your county to update your list instead of the courthouse.Name of person who passed that owned real property.

Meaning instruments that will not lose value. 

No one is paying good interest rates on short term deposits (savings, CDs, money market, etc.) because the fed will loan them money for next to nothing and the same thing goes for debt instruments (bonds, notes, preferred issues).

Keep in mind that a conventional mortgage is a recourse instrument meaning that when properly administered by the lender, the buyer (you or your company) is responsible for any balance beyond the salvage price of the property. 

They put a humidity recorder in the attic by the vent for a few days without explaining to the tenant exactly how the instrument worked.