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Get Ca Estoppel Affidavit Deed In Lie Of Foreclosure
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How to fill out the CA Estoppel Affidavit Deed In Lie Of Foreclosure online
This guide provides a clear and supportive walkthrough for filling out the CA Estoppel Affidavit Deed In Lie Of Foreclosure online. Whether you have experience with legal documents or are new to this process, these steps will help you complete the form efficiently and accurately.
Follow the steps to fill out the CA Estoppel Affidavit Deed In Lie Of Foreclosure
- To begin, press the ‘Get Form’ button to obtain the CA Estoppel Affidavit Deed In Lie Of Foreclosure. This will open the form in your online editing platform.
- Next, you will enter your full legal name in the space provided at the beginning of the affidavit.
- Specify the county where the property is located by filling in the appropriate field. This is crucial for the validity of the document.
- In the section that follows, provide the name of the grantee, which is the individual or entity to whom you are conveying the property.
- Clearly describe the property being conveyed, including any relevant details that accurately reflect its legal description.
- Indicate the sum being paid as consideration for the deed. This amount should reflect the agreed payment for the property.
- In the next section, outline any debts, obligations, or costs that are being canceled as part of this deal, making sure to detail the trustor, trustee, and beneficiary involved.
- Declare your intention that the deed represents an absolute conveyance of title and not any type of mortgage or security.
- You must affirm your understanding and willingness to execute the deed without coercion. Confirm that you are acting voluntarily.
- Finally, sign and date the affidavit where indicated. Ensure this is done in the presence of a notary public, who will also complete their section.
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It's called a “deed in lieu of foreclosure.” If the lender agrees, you walk away from the home and your mortgage loan is considered paid. The lender will receive property that is worth less than the loan balance, but it will avoid incurring the expense and delay involved in a foreclosure.
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