Trustee Guarantee

A Trustee Guarantee or TSG is a guarantee issued at the beginning of a foreclosure. Trustee Guarantees help the foreclosing trustee and the beneficiary lender through the delivery of information required to ensure compliance with the legal requirements for foreclosure proceedings. For example the guarantee will identify junior liens and other interested parties requiring notice. Foreclosures are time consuming and expensive taking as long as six months or more. One simple mistake could require the trustee to start over from the beginning of the process. The professionals at MT Title Searches can draft guarantees to make sure a foreclosure is done right the first time.