Posted by kito169 on October 11, 2012 at 05:08:24 from (68.89.245.11):
Good morning everyone. I am fixing to sell a home and property and carry the note myself. In the past I have had a real estate attorney draw all the papers up. He always makes a Warranty Deed and a Deed of Trust w/seller finance, both. The Deed of Trust shows him as the Trustee. From what I can find out the trustee handles the situation if the buyer defaults on the loan. I"m trying to save some money so I wondering if the trustee part is neccessary. Can I just make a mortgage note with a property description and time period and consequences if buyer defaults. I would like to here of anyone"s experiences with a similar situation. Thanks Rick
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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