Real Estate Law
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Thank you for your question. Although I am an attorney, I cannot represent you. However, I will give you the most thorough information. The Trust Agreement in this instance would likely be the agreement between you and your primary mortgage holder on the property. It sounds like as a Home Equity Line of Credit, they will get on board with this as long as all other lienholders permit the title of transfer. Are there any other mortgage holders on the property?
This is a HELOC. Just me and my wife as mortgage holders.
No other loans on this property.
Then they want a copy of your loan documents to ensure that transfer of title it appropriate under the contract.
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