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Posted by fp on June 27, 2009 at 12:33:05:
In Reply to: Re: Produce the Note Strategy in CA posted by Steve in CA on June 27, 2009 at 12:22:11:
I am not as familiar with deeds of trust as I am with mortgages, therefore I must ask a question.
If a note is a negotiable instrument, (like a check), how can it be endorsed to another party if the original is not in the possession of the conveyor?
Dosent the deed of trust simply attache the promise to pay, (note) to the collateral property?