Having complete control over your files at any moment is essential to relieve your day-to-day tasks and boost your efficiency. Achieve any objective with DocHub features for papers management and convenient PDF file editing. Gain access, modify and save and integrate your workflows along with other protected cloud storage services.
DocHub provides you with lossless editing, the opportunity to work with any format, and safely eSign papers without having looking for a third-party eSignature option. Obtain the most from the file management solutions in one place. Consider all DocHub capabilities right now with your free of charge profile.
- So if youre closing a seller financed real estate deal with a deed of trust, there are three key documents that are involved in this process. There is the deed, there is the promissory note, and theres the deed of trust. The deed is the document that essentially transfers ownership from the seller to the buyer. And the note is like the legal instrument that just states all the terms of what the loan are, the interest rate, the loan amount, the payments, all that information. And then the deed of trust is the document that actually gets recorded at the county level and it acts as a lien on the property until that loan is paid in full. So the deed and the deed of trust get recorded, but the promissory note does not. And the way a deed of trust works, is theres three parties involved. There is the lender, and there is the borrower, and then theres a third party called a trustee. And a trustee is usually designated as like a title company, or an attorney, or sometimes even a loan se