Mortgage and Deed of Trust Litigation
Deciding how to finance a real estate transaction in Southern California can be a difficult decision. There are so many different ways to purchase a property. Knowing which one is the right one for you can be a challenge.
Most people choose to obtain a mortgage to buy a residential or commercial property. Others obtain a "Deed of Trust." Both types of agreements have their advantages. You can also encounter many complicated legal problems which could jeopardize your purchase or sale.
There are many reasons why you may need to take legal action involving your mortgage or deed of trust. Some of the most common reasons for mortgage disputes include:
- A dispute between lender and borrower over terms of mortgage
- The lender misrepresents terms of mortgage to borrower
- The lender changes the terms of mortgage without permission
- The lender fails to follow rules outlined in mortgage contract
Some of the most common reasons for deed of trust disputes include:
- The trustee and lender coordinate actions against the borrower
- The trustee forecloses on the borrower without just cause
- The trustee forecloses on the borrower without following rules outlined in deed
- The lender or trustee fails to abide by the rules outlined in the deed