Oscar WilliamsGrut
Homeowners usually are not required to notify their lender if they are moving out of an owner-occupied home in which they have lived for at least 12 months. The intent when applying for and receiving the loan is significant. If a buyer tells the lender that they plan to live in a home...
An assignment of rents most likely will contain language that the assignment is an absolute assignment. In most states, an absolute assignment gives the lender an immediate interest in the rents. This means that the lender actually owns the rents and is simply allowing the borrower to co...
if the grantor chooses to put his home in the trust, he must change the deed so that the trust is the named owner of the property. The same is true of bank accounts and other financial accounts, as well as titles to vehicles. Because the trust owns the property ...