Discover and Order Note and Deed of Trust
A Note and Deed of Trust are two important documents used in California real estate transactions, typically in connection with financing the purchase of property. The Note (also called a Promissory Note) is a legal agreement where the borrower promises to repay a loan. It outlines the loan amount, interest rate, payment terms, and other relevant conditions. The Deed of Trust is a security instrument that ties the loan to the property being purchased. It involves three parties: the borrower (trustor), the lender (beneficiary), and a neutral third party (trustee). The Deed of Trust gives the trustee the authority to sell the property on behalf of the lender if the borrower defaults on the loan. Together, the Note and Deed of Trust ensure that the lender has a legal claim on the property until the loan is fully repaid.
Retainer Fee: $1200.00
(Includes $1000.00 cost for document preparation and $200.00 toward recording fees.)