Please advise what is a Deed of Trust with Assignment of Rents??? Thank you!
Think of a Deed of Trust as equivalent to a Mortgage. There are a few differences which need not concern you. The rent is assigned to the lender if the borrow should default on the mortgage payments.
Think of a Deed of Trust as equivalent to a Mortgage. There are a few differences which need not concern you. The rent is assigned to the lender if the borrow should default on the mortgage payments.