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Contract for Deed Package North Carolina Form

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what is the difference between a mortgage a Data Trust and a contract for deed [Music] it is so humid out here in the South right now I'm like sweating and red excuse me uh and pollen my eyes are all red what is the difference between a mortgage a deed of trust and a contract for deed a lot of people haven't even heard of a contract for deed uh but let's start with the mortgage we we know what a mortgage is a mortgages we all use this kind of an umbrella for a home loan or a loan of some sort right but there is a difference there is a difference in a mortgage and a deed of trust uh Most states I hate to say most I hate the word most but a lot of States uh are deed of trust States and mortgage States some of them are just mortgage States sometimes it's very specific and there's a couple differences between a mortgage and a deed of trust the most glaring difference is that a mortgage only has two parties to it as a borrower and A lender easy Adida

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