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Looking for Experience |
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Phone: 678-682-9700 Fax: 678-893-9088 Toll Free: 1-877-MattLocke (628-8562) E-mail: Sales@MattLockeandAssociates.com |
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Owners holding in Trusts are looking for EXPERIENCED agents that can position INSURANCE to protect their needs. Insurance agents insuring Land Trusts are looking for a TRACKABLE chain of ownership. Investors are looking to hide ownership. There is a “middle-ground”. The attorney you use for closing a home into a trust needs to know how the insurance industry views the chain of ownership. An example of an acceptable closing for the Insurance company is: Seller Deeds home to Owner… Owner deeds home to Trust… Seller Deeds home to Trustee (equitable and legal owner of home)… Trustee deeds home into Trust… Seller Deeds a home to a Trust and the beneficial interest is the new owner. In the scenarios above, the OWNER makes application for the insurance. Taking these “puzzle pieces” and putting together the process of insuring the home is what we do WELL while still protecting the Owner’s identity. |
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Land Trust Insurance |
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Real Estate Investor Terms with Real Estate Investor Solutions |
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