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Colorado Trust  Form

Colorado Trust Form

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Instructions and help about Colorado Trust

welcome to county office your ultimate guide to local government services and public records let's get started is Colorado a deed of trust state in the United States different states utilize various methods for securing real estate loans one common method is the deed of trust a deed of trust involves three parties the borrower the lender and a third party trustee this Arrangement differs from a mortgage which typically involves only the borrower and the lender in a of trust the borrower conveys the title of the property to the trustee who holds it as security for the loan if the borrower defaults the trustee can initiate a non-judicial foreclosure process this process is often quicker and less expensive than a Judicial foreclosure Colorado is known for using Deeds of trust as the primary method of securing loans this means that most real estate transactions in the state will involve a deed of trust rather than a traditional Mortgage in Colorado the deed of trust must be recorde

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