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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Priority stipulations on trust deeds or mortgages... Posted by Ward-CA- on May 08, 2008 at 4:24 PM In Reply to: Priority posted by Mary on May 07, 2008 at 3:27 PM Mary, If there's any kind of legend or indication on the face of either lien, that specifies which one is senior or junior, then you can trust that designation. In your case you have such an indication on the later-recorded mortgage (that it is second in priority). As a consequence it will be wiped off the title of the property by the foreclosure of the first. -------Ward ============== Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Mary, : If there's any kind of legend or indication on the face of either lien, that specifies which one is senior or junior, then you can trust that designation. : In your case you have such an indication on the later-recorded mortgage (that it is second in priority). As a consequence it will be wiped off the title of the property by the foreclosure of the first. : : -------Ward : : ============== [ 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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