deed: Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They? - 05/26/08 05:06 PM

Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They?
by Clifford Hockley
Charles was confused. He was trying to buy a four-plex, but just did not understand the real estate jargon.
Deeds, trust deed, contacts, mortgages all were words he thought he knew, but in the end really did not understand.
He was sitting in his real estate broker's office embarrassed that he did not understand, when the broker Mimi, said to him,"You know, the language of real estate can be very confusing. I have prepared a short summary of terms that might be helpful to you as we move … (7 comments)