Clean print in the Deed of Trust effortlessly

Aug 6th, 2022
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How to Clean print in the Deed of Trust

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- Hey everyone, my name is Paul Vojchehoske and welcome to the Real Estate Classroom YouTube channel. Before we get started, please do me a favor. Give this video a thumbs up, hit that red subscribe button and click on the notification bell. In todays video were gonna discuss whats called a deed of trust, or sometimes called a trust deed, depending on what part of the country youre operating in. Now, I did a previous video on, excuse me, the promissory note and a mortgage. A promissory note, the mortgage, and a deed of trust all kinda go hand in hand together. So if you have not watched that video yet, I highly recommend that you go watch that video first, then come back to this one. That will make this video make so much more sense. And Im gonna put a link right up here in the upper right hand corner of your screen to that video. So thats my recommendation. All right, so are you ready? Lets talk about deeds of trust in this video. (upbeat music) So what is a deed of trust? Well

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A property deed is usually one or two pages long, and the contents depend on what type of deed it is (more on that below), as well as the property type and location.
Mortgages, as it should make sense, are recorded instruments, because they create a lien against the property. Mortgages are usually six to 10 pages in length but are often longer because they typically are accompanied by different riders and addenda, which make specific demands against the type of lien on the land.
A California deed of trust is a deed used in connection with a mortgage loan. It is the deed that shows that the lender has an interest in the property while the landowner is paying the mortgage.
There are two basic types of Deeds of Trust, the Long Form and the Short Form. The Long Form, which could be 20-30 pages long, is the one used by institutional lenders. The Short Form is the one that is most usually prepared by your Escrow Officer.
A trust deed is a legal agreement between you and your creditors to pay back part of what you owe over a set period. This is usually four years, but may vary.
The revocable living trusts prepared by Woods Law Group average about 90 pages for a married couple and about 75 pages for an individual. Thats a lot of legal information to digest.

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