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Updated almost 13 years ago on . Most recent reply

Jasmine Claye's profile image
Jasmine Claye's profile image
Jasmine Claye
  • Real Estate Investor
  • from Charlotte, North Carolina
  • Member since Jan 10, 2011
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Jasmine Claye's profile image
Jasmine Claye's profile image
Jasmine Claye
  • Real Estate Investor
  • from Charlotte, North Carolina
  • Member since Jan 10, 2011
Connect
Jasmine Claye
  • Real Estate Investor
  • Charlotte, NC
5
Votes |
133
Posts
Buying & Selling Real Estate

Who owns the property?

Jasmine Claye
  • Real Estate Investor
  • Charlotte, NC
Posted

Can one property have 2 mortgages by 2 different lenders? If so, who is on the title as owner, or does each lender have a portion of ownership, such as the outstanding loan balance owed to them?

OR

Is there one mortgage and a second secured loan? If just one mortgage, is the first lender the only one on the title as owner?

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