Understanding Trust Deed vs Mortgage | Creative Global Funding Services
Channel: Creative Global Funding Services
Date: 21/02/2024

Welcome to Creative Global Funding Services! In this informative video, we delve into the key differences between a Trust Deed and a Mortgage, two common methods of real estate financing. Whether you're a seasoned investor or a first-time homebuyer, understanding these concepts is crucial.

🏠 What is a Trust Deed?
A Trust Deed, also known as a Deed of Trust, is a legal arrangement where a borrower transfers the legal title of their property to a trustee, who holds it as security for a loan between the borrower and lender. The trustee has the authority to sell the property if the borrower defaults on the loan.

🔑 What is a Mortgage?
A Mortgage is a loan in which the borrower uses their property as collateral. Unlike a Trust Deed, where a trustee holds the title, in a mortgage, the borrower retains both legal and equitable title to the property. However, the lender has the right to foreclose on the property if the borrower fails to repay the loan according to the terms.

🤔 Key Differences:

Legal Structure: Trust Deeds involve three parties – the borrower, lender, and trustee, while mortgages involve only two – the borrower and lender.
Foreclosure Process: Trust Deeds typically have a faster and less expensive foreclosure process compared to mortgages.
Title Ownership: In Trust Deeds, the trustee holds the legal title to the property, whereas in mortgages, the borrower retains both legal and equitable title.
Understanding these distinctions can help you make informed decisions when it comes to real estate financing. Stay tuned to our channel for more insights into the world of finance and investment!

Don't forget to like, share, and subscribe for more valuable content from Creative Global Funding Services. If you have any questions or topics you'd like us to cover, leave them in the comments below. Thank you for watching! 🌟

🔗 Connect with Us:
🧶 Visit Our Website: www.cgfs.biz 
📞 Contact Creative Global Funding Services:
📧 Email: info@creativeglobalfundingservices.com
☎️ Phone: (778) 350-4129

Timecode:
0:00 - Intro Video
0:20 - Video Title
0:40 - Video About


______________________tags____________________
trust deed investing,real estate investing,Creative Global Funding Services,deed of trust,what is a deed of trust on a house,deed of trust beneficiary,deed of trust example,mortgage,trust deed vs mortgage california,trust deed vs mortgage example,trust deed vs mortgage calculator,hard money,estate planning attorney,estate planning,real estate 101,real estate crash,mortgage vs trust deed,property investment,real estate financing,trust deed vs mortgage