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Old 05-09-2021, 03:30 PM
 
3 posts, read 782 times
Reputation: 10

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What does this mean ?????

(said document may no longer be valid due to foreclosure of deed of trusts)

Are the documents still valid for years come and anyone can use them despite that the bank foreclosure?

Thank you for helping in case study!
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Old Yesterday, 08:32 AM
 
Location: Pinetop-Lakeside, AZ
2,101 posts, read 2,018,150 times
Reputation: 3616
Yes. What does this mean????
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Old Yesterday, 12:55 PM
 
Location: Out there somewhere...a traveling man.
41,557 posts, read 53,562,803 times
Reputation: 117143
This may be your answer...
here is a vague feeling that if one does not pay, somehow the Deed of Trust allows ... But when pressed, most people do not fully understand a document that is ... no longer secures the loan and thus the Trustee may utilize its legal title, ... This means that upon foreclosure, the debt is extinguished in full for the home owner.
https://www.stimmel-law.com/en/artic...ust-california
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Old Yesterday, 03:03 PM
 
2,364 posts, read 4,805,299 times
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Quote:
Originally Posted by teddyearp View Post
Yes. What does this mean????
Exactly! This question has gone unanswered for far too long!
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Old Today, 06:13 AM
 
Location: Pinetop-Lakeside, AZ
2,101 posts, read 2,018,150 times
Reputation: 3616
I mean, English is the language for this board. What language was the OP written in?
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