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Updated over 7 years ago, 04/19/2017

User Stats

316
Posts
165
Votes
Dennis Weber
  • Real Estate Investor
  • Indianapolis, IN
165
Votes |
316
Posts

Received Subordination Request Letter

Dennis Weber
  • Real Estate Investor
  • Indianapolis, IN
Posted

I received a letter from rsdoctrack.com stating that my second mortgage note was mistakenly recorded first by the county in 9/2002 and would like to sign a subordination agreement to make their first a first again. My question is will they be able to subordinate my loan eventually and I should just sign it?  Or is today my lucky day? The property is in NY is it matters. Their first is $300k and mine is $45k. Thanks!

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