Can an individual prepare and file a Deed of Trust, or must a lawyer be involved?
I’ve handled Deed preparation in subject to deals for properties I’m buying, generally using a land trust arrangement. However, I am looking to understand on a sale, how Deed of Trust would be handled, so that I can foreclose on buyer if things go awry. This is likely state specific, I am in North Carolina, and I’m wondering if seller “take back” mortgages involve a simplified foreclosure process, versus bank financing.