This case and cases like it led the FHFA To require Fannie/Freddie to record Assignments of the loan to name Fannie/Freddie as beneficiary in order to avoid paying the Full HOA Balance As Well As To Address What The Transfer Tax Issue That Your Have Pointed Out Is Settled.

The only beneficiary in getting people to bid DD up is to make the buyer feel obligated to buy post-inspection, and therefore, more than likely get the close done.

The usual recommendation is that they be used in tandem with a land trust owner and LLC beneficiary.

It may be possible to contract with the heirs/beneficiaries in advance, however, as a buyer, I don't want to have to compete, but as a seller, I want the maximum number of competing qualified buyers.

Absolutely not.Will they be beneficiary to you in the long run?

The title is held in a land trust and the beneficiary of that land trust is the sub series. 

Sometimes, it's an LLC (or Trust) with 25 different Managers (or Beneficiaries.)

The letter states the following:FULL RECONVEYANCEWHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust dated XX/XX/20XX, and recorded on XX/XX/20XX as Instrument or Document No.

. :-)  Usually the beneficiary interest is transferred vs selling to end buyer.I still do not like this method - but with the DOS issue, it may be a necessity.

Anything placed in a irrevocable trust means it's no longer yours, it becomes the property of the trust/beneficiary, and you can't take it back, borrow against it, or benefit from it, the very minute you place it into the trust.