Husniye Mencek
Bought Junior lien .What now?
We purchased a house on auction. Shortly after we faced the fact that the house will be sold for the second time on auction open to public. In fact we did not have an idea that we bought the junior lien. The senior li...
Matt Dunaway
Loan assumption and junior mortgages
I’m selling my house and am going to let someone assume my VA mortgage at a really low rate. They need a junior mortgage to cover the difference between purchase price and the outstanding loan balance.
My lender isn...
Jimmy H.
Junior and Senior Lien holders
It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.
Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k...
Raul Buitrago
Main Loan Vs. Junior Loan
on an Action is it true that if i pay the main Loan I don't have to pay the Junior Loan?
Stephanie Vitali
Junior liens at Sheriff Sale
I just got my title search back for the seriff sale we were going to tomorrow! So last minute, I know. Anyway, the lien that is foreclosing is the most junior loan. It appears the house still has some of the origin...
Matt Pfefferlen
Foreclosure- Junior Liens Wiped Out
Hello- I am in California and i am interesting in purchasing my first foreclosure at auction. I know that the the junior liens are wiped out from the foreclosure. Are those liens that were wiped out specifically nam...
Blaine Shannon
Trustee's sale of junior loan
What happens if 2 junior loans are going to trustee sale on the same property? What happens to the senior loan? Why would you bid on a junior loan? What happens to the property if no one bids on the junior loans? ...
Junior SaintPreux
Junior Saint Preux, Orlando, FL
Good evening, my name is Junior Saint Preux from Orlando, FL. I am pretty new to the industry and am completely open to all thoughts and concerns. I am wanting to know some of the best ways of going about investing in...
Account Closed
first mortgage, junior lien foreclosures
im reading this book on foreclosures and it says. "starting off only buy foreclosures at auctions when they have only a first mortgage on them. once you get more experienced you can get into junior liens and construct...
Sandy Uhlmann
Wiped Junior Liens and Credit Reports
In doing due dil on a newly released tape of junior liens, I see several properties on this that are listed by Zillow as being already sold. I have several questions related to this circumstance.1) Why are these ta...