Daily Archives: July 6, 2010

Mortgage Financing

Types of Liens

It gives a party the right to fore­close and sell the prop­erty if the bor­rower doesn’t pay for the loan in full

Chattel Mortgage

Types of Voluntary & Involuntary Liens:

A LIEN IS a doc­u­ment that uses prop­erty to secure a debt. It is usu­ally recorded at the local House …Read the Rest

Mortgage Financing

How do life estates work

This is referred to a “LIFE ESTATE.” There are two types of life estates. 1. An Estate in Rever­sion. Title …Read the Rest

California Real Estate

Common land description terminology

Calif. start­ing points for land descrip­tions using U.S. Gov. Rect. Sur­vey Sys­tem: A rec­tan­gu­lar sys­tem of land sur­vey that divides …Read the Rest