Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

42
Posts
5
Votes
Sandy Reddy
  • Real Estate Agent
  • Jersey City, NJ
5
Votes |
42
Posts

Mortgage position

Sandy Reddy
  • Real Estate Agent
  • Jersey City, NJ
Posted
Hello Everyone, I am new to BP, I am trying to understand about mortgage positions in a title search. Would be a great help if someone can provide details. A property first mortgage is recorded on some x date A second mortgage is recorded later after first mortgage recorded date. Later When ONLY first mortgage is re financed. Would the refinanced lender have a new recorded date ? And if the refinanced lender forecloses the property, and up for sheriff sale, does the winning bidder responsible to the second mortgage. Whenever first mortgage is re financed does the recorded date change in the title.

Loading replies...