Deed of Trust

Archive for November, 2010

Question: i sold a person some property by Deed of Trust ?

th person has defaulted by not doing certain requirement like not paying for insurance also is doing renovation without permission destructing some thing like making doors in walls my trustee has given her ten days to stop but she hasn't i am asking my attorney
to for close on the property how long will it take after for closure starts

Answer: The foreclosure laws in your state apply. Search your state website for that information. On a typical foreclosure, the homeowner has 6 months to redeem the property financially which could include fee's and late payment's. Your attorney can answer all of these questions and have the answers pertain to your state laws.

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