Systematize line deed easily
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How to systematize line deed
all right so i just did a deal last month where the seller wanted extra its not actually insurance they just wanted extra i guess assurance that they would be safe after the deal closed right and after transfer of title because title transfers from the seller to the buyer and the buyer and the seller then becomes a bank of of sorts with a loan to the to the buyer and so you have a deed of trust or a mortgage depends on the state we work nationwide so um i forget which is which on a state-by-state basis but theres that security instrument which puts a public record notice of the debt and its its we call it a security instrument right so thats thats the first level of protection for the seller whos providing the financing actually for any lender whos whos lending on a deal and so the seller ends up becoming a lender in a seller finance transaction so we do a deed of trust effectively at close of escrow and then in a like if we have to stretch and provide extra security for some
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