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Description of Lands Covered by MortgageDeed of Trust Form

Description of Lands Covered by MortgageDeed of Trust Form

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Instructions and help about Description Of Lands Covered By MortgageDeed Of Trust

hey everybody this is Randy rhous founder of the note Authority and today we're going to talk about how to record an assignment of mortgage or a assignment of deed of trust depending on what state you're in uh we're going to go to go through different uh steps uh that you have to take in order to record it they're all very simple but you don't want to forget any of them uh but let's first talk about uh exactly what is an assignment assignment of mortgage or Data Trust is a written document which basically serves as proof of transfer of a loan obligation from the original Bower to a third party so basically it's a proof that you own the loan and the note so you definitely need to have this uh why is it important it's really important because it serves as proof of transfer of the loan and gives the note buyer the right to foreclose in the property if the loan is in default um a lot of times attorneys will do a title search o

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