Costa Mesa, CA (PRWEB) April 28, 2012
As a struggling homeowner choices are limited, wait to long and the lender could take a property leaving the homeowner behind lost and confused. many are protecting themselves with a Land Trust.
All this can be confusing. What exactly is a land trust?
A land trust is a corporation that sets aside property to be used for the benefit of another person and to manage the property as provided by the terms of the document that created the arrangement. Trusts not only have tax advantages but also cannot be attacked by creditors. The trustee is not shown in public record and is not subject to any type of liens. The sale of the property is easy and private in that the shares of stock in the land trust are sold as personal property and is not disclosed to anyone except the trustee.
US National Land Trust is also the largest cash buyer of Florida, California and New York homes in danger of foreclosure. If a homeowner is close to losing their home and their resources are running out, US National Land Trust can help through their Cash for Keys program. They will purchase the home with its existing mortgages and pay the homeowner to leave, with no questions asked.
The homeowner receives the benefit of staying in their home for 90 days and receives a cash settlement.
Despite the fears and stigmas many homeowners are facing, US National Land Trust is here to help. For more information please visit http://www.usnationallandtrust.com or by calling 888-941-0692 here is a great video also provided by [YouTube.