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Re: Ward's Purchase Option to Protect Equity

Posted by AquariusDawnCA on June 02, 2009 at 12:52 AM

In Reply to: Re: Ward's Purchase Option to Protect Equity posted by Duh on June 02, 2009 at 12:39 AM

I believe doing disclosure in regard to not reading the article
was the polite thing to do, but your rudeness was not necessary!

I have experience with OPs, so that was my incentive to respond,
it certainly wasn't worth your cap back.

Have a very nice day!

: Yea, you should read the article before you comment on something you obviously don't know anything about!

: The issue is: will title companies consider a judgment wiped off because of the prior recorded OP.

: And if you were the judgment holder, would you take legal action because your judgment was wiped off the property because of a OP with a 20 or 30 year term?

: Because of this point, a friendly deed of trust with a 30 year term seems to me to provide better protection of equity.



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