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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Research your deals yourself to keep your overhead low. Posted by Jock on April 25, 2002 at 8:00 PM In Reply to: Research your deals yourself to keep your overhead low. posted by Ward-CA- on April 25, 2002 at 7:42 PM I live in Oregon. I guess I assume that when the AMOUNT of the trust deed or mortgage LOOKS like it's for an amount for the main mortgage on the house. For example, a sale with a minimum bid of say $100,000 (amount of the mortgage outstanding) with a house market value of $130K to $140K. I have been assuming that this would in most all cases be the most senior lien on the property barring back taxes. Is this not a wise approach? The only items that can be senior to the main mortgage are taxes, correct? Thanks for your help. Sale is tommorow by the way! I guess I better figure it out quick. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : I live in Oregon. I guess I assume that when the AMOUNT : of the trust deed or mortgage LOOKS like it's for an amount : for the main mortgage on the house. For example, a sale with a : minimum bid of say $100,000 (amount of the mortgage outstanding) : with a house market value of $130K to $140K. I have been assuming that : this would in most all cases be the most senior lien on the property : barring back taxes. Is this not a wise approach? The only items that : can be senior to the main mortgage are taxes, correct? : Thanks for your help. Sale is tommorow by the way! I guess I better figure it out quick. 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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