Investors Guide To Loan Investing
Find Investment Opportunities

Trustee Sale Guarantee Print

When conducting a trustee sale, the trustee will obtain a TSG.
Related Articles

The laws in these states prescribe how the foreclosure is conducted and the notices which must be given of the pendency of such proceeding. The Trustee's Sale Guarantee is responsive to the needs of a foreclosing trustee or mortgagee for public record information as to individuals and entities who, under state law, must receive notice of the pending foreclosure. The Guarantee supplies the following public record information:

 

  • The vesting of title to the estate or interest encumbered by the Mortgage or Deed of Trust
  • The encumbrances against the land
  • The names and addresses of individuals and entities who must, under state law, receive notice of the foreclosure proceedings
  • The newspaper qualified to public notice of the foreclosure proceedings
  • The City or Judicial District in which the land is located

Most investors think this policy insures them that the foreclosure was conducted properly. It does not.  It insures that the notices on the list provided by the title company are all the notifications to satsify the state's foreclosure laws.  It is a very weak policy and has extremely limited coverage.

Disclaimer and Limitations of Use
The contents, text, images, data, forms, articles, questions and answers, discussions, legal and financial information and other materials ("Content") contained and maintained on the Private Money Lending Guide website are for informational or educational purposes only and no Content or portion of this website should be construed as, or relied upon as, legal, financial or investment advice; as the providing of legal, financial or investment services or as the recommendation of forms or of the opinions from author of Content.