Does the first lien holder allow junior liens on the property?

Some lenders do now allow junior liens, so making sure the 1st lien holder does is necessary.

Almost the best odds in the casino.And yes, much better than a junior lien.

I had one where a son forged his dad's name then claimed it wasn't a forgery because he was a junior and he was just signing his own name.   

Assuming the hoa lien Is junior to the first, and forecloses, the buyer at the auction does end up with the property but the Senior 1st mtg stays attached to the property and the buyer has inherited this mtg debt, whether they realized it or not.so, what exactly is the question? 

Less likely that a larger bank would take notice even if they have a provision prohibiting junior liens, as many of them do.

It appears that the seller receives a junior (2nd position) lien which encompasses the existing first lien which actually makes this a “wrap around” mortgage (technically), not a “subject to”, but the way it’s structured it works the same.Having a wrap DOES provide the seller with an avenue to foreclose if payments to the existing mortgage aren’t made.The fact that the buyer provides detailed information upfront and states that they are willing to consider and incorporate suggestions from the buyer that add to the buyer’s security may be an indication that the buyer is “legit”.  

For example, Tuscon, AZ has been banking their share of CO river water for years in aquafers because they know that AZ has junior water rights to CA.

Hello all,Just acquired a property via foreclosure by the junior/2nd mortgage.

I'd keep growing in that field, sounds like you're good at it, try to get better and higher paying internships every semester in Information Systems and make sure that by junior year, because of all the work experience you have in Information Systems and your grades, you have a solid job lined up for once you graduate.