Subordination of Mortgage...

[Charmaine M.]

Hi all,

Can someone please provide a bit of clarification. I am doing my due diligence on a property that i am interested in making an offer on, but am a bit confused on the information provided.

Details:  Satisfaction of Mortgage .....11/9/11

              Subordination of Mortgage....1/26/12

Not sure what this means. I thought you when you have a Satisfaction of Mortgage, you payed your mortgage off. 

Is the Subordination of Mortgage  a lien or second mortgage? and what does this mean?

Thanks to all in advance.