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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] buying "subject to" Posted by D Taylor on January 09, 2002 at 5:38 PM We have a house with two mortgages. House is going for sheriff sale due to second mortgage being in default. We were told the second mortgage holder is going to get the house "subject to" the first mortgage. Does this mean the second mortgage holder will pay off the first and become the only mortgage holder? If not what does "subject to" mean? Follow Ups: Re: buying "subject to" means.... Ward-CA- 9:15 PM, 01/09/02 (3) Re: buying D Taylor 4:48 PM, 01/11/02 (2) Re: If a foreclosure sale deficiency occurs. Ward-CA- 6:31 PM, 01/11/02 (1) Re: If a foreclosure sale deficiency occurs. D Taylor 6:25 AM, 01/12/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : We have a house with two mortgages. House is going for sheriff sale due to second mortgage being in default. We were told the second mortgage holder is going to get the house "subject to" the first mortgage. Does this mean the second mortgage holder will pay off the first and become the only mortgage holder? If not what does "subject to" mean? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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