Others have a special designation.If you are managing on-site in an office for a complex there might be very little in the way of requirements before you can start.Assume you will be the junior person so you may be doing more clerical activities and not things that require more advanced training.

Your position is junior to the lender's position.

Two phrases to look up are wrap around mortgage (sometimes called a wrap) or an all inclusive trust deed (AITD).In both cases you are effectively creating a second or junior lien above the existing 1st.

IRS liens might be junior but they have the right to step in after the a tax deed sale.If you are at an auction that is for something other than a tax deed sale you really need to know what is in front of you.

Hi everyone, I'm new to the forum and it looks like there's a lot of people that know a lot about real estate, so I figured I'd give this a try...I'm a junior in college, and I'm looking for a summer internship in commercial real estate investing and development.

I think that's the title.Visit your local junior college and see if they offer any vocational/aptitude testing.

Junior liens being the reason for a difference between the winning bid from the lender foreclosing and what any other bidder would need to deal with if they were to bid higher.Once the property is on the books of the lender the prior seller has no legal claim UNLESS they have redemption rights.

If they have REOs it could be because the property was not very desirable or because the junior liens made it not a good candidate for the initial foreclosure auction.

Usually they're "junior appraisers" not even certified...just learning.

It is junior.