I'm going to assume a loan via a land trust

I'm going to assume a loan via a land trust

Well, in doing a search I couldn't find this topic anywhere. I'm set up and ready to do this. It has taken me some time to learn the ins and outs of trusts and all the forms associated with doing this.

Has anyone else done this? I'm thinking it would be easier to do it this way than to try to work with an inflexible bank whose loan is probably held by a servicer who has no authority on making decisions about the loan anyway, and follows the terms to a 'T' with the 'due on' clause.

Any info would be appreciated.

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Land Trust

Hey Tammy
I have never done this. Maybe you can keep us updated on how it works. I found a web site it may be helpful and it may not....take a look....
Sissy

http://www.landtrust.net/conveyance.html

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