Risa Liebster, RealtorÂ®
Keller Williams Realty
Deborah Bremner CSP, SFR, CRS
Blogging at: http://TheBremnerGroup.com/blog
I have heard advice similar to that given by Lori below regarding refinancing properties held in a trust. I have also heard of people who have removed property from a trust and this voided the trust. Your best bet would be to talk to the attorney who drew up the trust (or another attorney if that person is not available) before you take any action. This is the only way you can be sure that you are not doing anything that would void your trust and thereby remove the protection you were looking for when you set it up. Hope this helps. Dare to Dream.
Shel-lee Davis, CDPE, SFR, QSC
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
What you do is take your property out of your trust while you refi and put it back after the refi. Your lender should be able to guide you through that. The escrow company you use to refi can record your property in your name without the trust and then after you have refi'd record it in the name of the trust. You sign a deed taking it out of the trust and then sign another deed putting it back into the trust.
It is really quite simple to do.