Deed of Trust Litigation
Another type of common real estate litigation relates to deeds of trust. As described above, a deed of trust is distinct from a mortgage contract, but the two often work together. A deed of trust incorporates a third party to the transaction or relationship, known as the trustee.
Under the deed of trust, the trustee is given limited powers to act when certain circumstances arise. The most common situation where the trustee becomes involved or acts on behalf of the lender (or beneficiary) is when the borrower has missed a number of payments. In this instance, the trustee has the authority to foreclose on the property through a non-judicial process (in California).
Obviously, the relationship between the lender (beneficiary), borrower (homeowner) and foreclosure trustee can be complex and give rise to a number of potential important disputes. These disputes can easily turn into real estate litigation because of the critical issues at hand.
Irvine Attorneys for Mortgage and Deed of Trust Litigation Matters in Orange County
With something as important and potentially significant as a deed of trust or mortgage dispute, it is essential to have only the best real estate attorneys representing you. McFarlin LLP attorneys have handled hundreds of real estate litigation matters relating to mortgages, deeds of trust and many other controversies. We provide cost-effective and affordable solutions for real estate problems. Oftentimes, we are brought in to recover title after a wrongful foreclosure sale, or sue for damages.
McFarlin LLP is one of the most highly regarded and well-trusted foreclosure defense law firms in California. If you are currently dealing with a mortgage dispute or deed of trust matter that requires litigation, call us today for a free case evaluation in Irvine.