When you buy a junior lien, you buy it subject to the senior lien.

I'm often amused by some of the BSer's on BP, you can spot those whose favorite word is "I" and can't make a post without pumping their ego, then like a room full of junior high groupies following them, they'll dream up more stories to tell.

Junior S.

Generally how it works is if commission is 100k and 3 people on a team then 50k goes to brokerage, about 27k goes to senior broker,15k goes to middle broker,  then 8k to junior broker.As you can see they have to do a lot of volume to equal what I make in one transaction so they tend not to want to deal with unknown buyers but feel more comfortable working with a broker on the other end.

A fully informed seller can enforce this via a junior lien. 

Any input is greatly appreciated.Take you RE principles/practice courses at a local junior college ($300 max) then take a weekend crash course before your exam ($300 max).

Background:I currently am a junior in college who is taking an internship opportunity this upcoming spring with an accounting firm in Dallas.

The note seller might be offering a steep discount because, as a 2nd lienholder, they are in a junior position and could get nothing if the 1st lienholder forecloses.

the 2 car garage is an adu and 1 car a junior adu and they actually only spent $106,000.00. 

Junior lienholders can redeem, but much do it very quickly.