Collin Texas Sample Letter for Cancellation of Subject Deed of Trust

• Category: Letters - Legal - Deeds of Trust
• State: Multi-State
• County: Collin
• Control #: US-0739LTR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Subject Deed of Trust Subject: Collin Texas Sample Letter for Cancellation of Deed of Trust Dear [Lender's Name], I am writing this letter to formally request the cancellation of the deed of trust associated with [property address] in Collin, Texas. As the owner of the property, I believe that all outstanding obligations pertaining to the mortgage loan have been fully satisfied. [Your Name] is the granter of the subject deed of trust, and [Lender's Name] is the beneficiary. The deed of trust was initially executed on [date] and recorded in Collin County's official records under instrument number [instrument number] (if applicable). The loan was secured through the property, which serves as collateral. I am pleased to inform you that I have successfully fulfilled my financial obligations, making all required payments for the principal, interest, taxes, and insurance as stipulated in the loan agreement. Consequently, I kindly request that you prepare the necessary documentation to record the cancellation of the deed of trust at the Collin County Recorder's Office. To expedite the process, I have enclosed all relevant information and documents for your reference and review. These include: 1. Copy of the original deed of trust. 2. Proof of payment for the principal loan amount. 3. Proof of payment for all interest accrued. 4. Proof of payment for property taxes associated with the loan period. 5. Proof of payment for required insurance premiums. It is worth noting that any outstanding fees or charges that remain unpaid should be clearly outlined by [Lender's Name] upon receipt of this letter. I am committed to resolving any such balances promptly to ensure a smooth cancellation process. Upon your confirmation of receipt of this letter, I kindly request written acknowledgement of the cancellation and instructions on how to proceed further. Please provide any necessary forms or documents that require my signature or notarization. In the event that [Lender's Name] requires any additional information or documentation, please do not hesitate to contact me at [your phone number] or [your email address]. I would be more than happy to provide any further details promptly. Thank you for your attention to this matter, and I appreciate your timely assistance in canceling the deed of trust. I look forward to your prompt response. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address] Different types of Collin Texas Sample Letters for Cancellation of Subject Deed of Trust can be distinguished based on specific circumstances or additional requirements. Some possible variants could include: 1. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Mortgage Loan Payoff: This letter specifically indicates the mortgage loan has been fully paid off, and all obligations have been settled, resulting in the request for deed of trust cancellation. 2. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Refinance: This letter would entail canceling the existing deed of trust because the property owner has refinanced the mortgage loan with a new lender and needs to clear the existing encumbrance. 3. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Sale of Property: Such a letter would be relevant when the property owner has sold the property, making it necessary to release the deed of trust in order to transfer clean title to the buyer. 4. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Mistaken Filing or Error: In the instance of an administrative or clerical error, this type of letter would be used to rectify the mistake and request the removal of the deed of trust from official records in Collin County.

Subject: Collin Texas Sample Letter for Cancellation of Deed of Trust Dear [Lender's Name], I am writing this letter to formally request the cancellation of the deed of trust associated with [property address] in Collin, Texas. As the owner of the property, I believe that all outstanding obligations pertaining to the mortgage loan have been fully satisfied. [Your Name] is the granter of the subject deed of trust, and [Lender's Name] is the beneficiary. The deed of trust was initially executed on [date] and recorded in Collin County's official records under instrument number [instrument number] (if applicable). The loan was secured through the property, which serves as collateral. I am pleased to inform you that I have successfully fulfilled my financial obligations, making all required payments for the principal, interest, taxes, and insurance as stipulated in the loan agreement. Consequently, I kindly request that you prepare the necessary documentation to record the cancellation of the deed of trust at the Collin County Recorder's Office. To expedite the process, I have enclosed all relevant information and documents for your reference and review. These include: 1. Copy of the original deed of trust. 2. Proof of payment for the principal loan amount. 3. Proof of payment for all interest accrued. 4. Proof of payment for property taxes associated with the loan period. 5. Proof of payment for required insurance premiums. It is worth noting that any outstanding fees or charges that remain unpaid should be clearly outlined by [Lender's Name] upon receipt of this letter. I am committed to resolving any such balances promptly to ensure a smooth cancellation process. Upon your confirmation of receipt of this letter, I kindly request written acknowledgement of the cancellation and instructions on how to proceed further. Please provide any necessary forms or documents that require my signature or notarization. In the event that [Lender's Name] requires any additional information or documentation, please do not hesitate to contact me at [your phone number] or [your email address]. I would be more than happy to provide any further details promptly. Thank you for your attention to this matter, and I appreciate your timely assistance in canceling the deed of trust. I look forward to your prompt response. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address] Different types of Collin Texas Sample Letters for Cancellation of Subject Deed of Trust can be distinguished based on specific circumstances or additional requirements. Some possible variants could include: 1. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Mortgage Loan Payoff: This letter specifically indicates the mortgage loan has been fully paid off, and all obligations have been settled, resulting in the request for deed of trust cancellation. 2. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Refinance: This letter would entail canceling the existing deed of trust because the property owner has refinanced the mortgage loan with a new lender and needs to clear the existing encumbrance. 3. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Sale of Property: Such a letter would be relevant when the property owner has sold the property, making it necessary to release the deed of trust in order to transfer clean title to the buyer. 4. Collin Texas Sample Letter for Cancellation of Subject Deed of Trust due to Mistaken Filing or Error: In the instance of an administrative or clerical error, this type of letter would be used to rectify the mistake and request the removal of the deed of trust from official records in Collin County.