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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Loans Recorded on same day>> Posted by Jason on July 31, 2001 at 11:20 AM We have several Trustee sales coming up in my area that have 2 loans recorded on the same day. The sale is going to take place at the same day and time also. If we attend the sale and they actually go to auction, Is there a way to tell if you are buying the Senior or Junior Loan? I have heard that because one is recorded first the second must acknowledge its position before it is agreed. How can I be tell there positions? I wonder if the auctioneer will sell the 2nd beneficiary at the auction first so the Senior loan will be paid off. Interesting!! Thanks Follow Ups: Re: Establishing lien priorities Ward-CA- 4:35 PM, 07/31/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : We have several Trustee sales coming up in my area that have 2 loans recorded on the same day. The sale is going to take place at the same day and time also. If we attend the sale and they actually go to auction, Is there a way to tell if you are buying the Senior or Junior Loan? I have heard that because one is recorded first the second must acknowledge its position before it is agreed. How can I be tell there positions? I wonder if the auctioneer will sell the 2nd beneficiary at the auction first so the Senior loan will be paid off. Interesting!! Thanks 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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