But after Mr. Phillips took on the starring role in ''La Bamba,'' the new film biography of Valens, the Valenzuela family paid him the highest compliment of all. ''They all called me Ritchie,'' said Mr. Phillips. ''Ritchie's brother Mario hasn't called me Lou yet.'' Similar Outlooks.
The best structure depends on who you are. From a buyer's perspective, the trust deed is preferable, as he gets ownership of the property. It also helps to insulate him from the seller. On the other hand, a land contract gives the seller more control since she retains ownership of the deed.
A warranty deed and deed of trust are two related, yet different, documents. The warranty deed acts to convey the ownership in a property from the seller to the buyer -- known as the grantor and grantee. The deed of trust is a loan document that functions to secure the lender's interest in your property.