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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] They sure do... Posted by Ward-CA- on April 16, 2009 at 6:56 AM In Reply to: Lis Pendens gets wipped off? posted by Brain Kmail on April 15, 2009 at 10:22 PM Brian, No worries...because a lis pendens is not a lien! It's just a recorded notice that a legal matter involving the real property is currently being litigated in a local court. If you take the time to read the main paragraph within the notice it will almost always turn out to be an argument over ownership of the property. And since ownership issues are always the most junior interest to any property, then whoever is ultimately determined to be the owner is subject to being wiped off title by the ongoing foreclosure of any lender's lien. -------Ward ============ : Hi Ward, Rick & Pros, : Does foreclosing a senior lien wipe off a Lis Pendens? I have a case that senior lien is going to trustee sale tomorrow, but I found a Lis Pendens recorded later than the senior lien against this property. : Thanks in advance, : Brain Follow Ups: Re: They sure do... jmac 6:12 PM, 04/16/09 (5) LP is notice, notice not "wiped out" Kristine-CA 8:13 PM, 04/16/09 (4) CA is community Property State so.... Bill H 11:12 PM, 04/16/09 (3) Re: CA is community Property State so.... Kristine-CA 1:26 PM, 04/17/09 (2) I agree... Rick, the Probate Guy 2:40 PM, 04/17/09 (1) frivolous LPs Kristine-CA 6:28 PM, 04/17/09 (0) Ward, you rock! Brain Kmail 8:10 AM, 04/16/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Brian, : No worries...because a lis pendens is not a lien! : It's just a recorded notice that a legal matter involving the real property is currently being litigated in a local court. If you take the time to read the main paragraph within the notice it will almost always turn out to be an argument over ownership of the property. : And since ownership issues are always the most junior interest to any property, then whoever is ultimately determined to be the owner is subject to being wiped off title by the ongoing foreclosure of any lender's lien. : : -------Ward : : ============ : : : Hi Ward, Rick & Pros, : : Does foreclosing a senior lien wipe off a Lis Pendens? I have a case that senior lien is going to trustee sale tomorrow, but I found a Lis Pendens recorded later than the senior lien against this property. : : Thanks in advance, : : Brain [ 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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