Deed of Trust vs Mortgage

Deed of Trust vs Mortgage

The term “mortgage” is confusing because it can mean different things. Almost everyone who buys a home takes out a loan. Taking out a loan is the same thing as applying for a mortgage. But what is a Deed of Trust vs Mortgage? No matter where you live when you take out...
What is a Gift Deed?

What is a Gift Deed?

If you want to give away real estate in Texas, you may decide to make a gift deed of your property. This deed is a document that states that you are giving your property to someone else. A gift deed must employ precise language to be valid. Without validity, a court...
What is a Warranty Deed?

What is a Warranty Deed?

If you own a home in Texas, you most likely have a deed of trust with a banking institution that you pay each month. Once you pay off your loan, you will receive a document known as a deed. The deed is your physical proof that you own the property. However, the type...