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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Right To Reinstate 1st Trust Deed Posted by Tom Huntington on May 09, 2003 at 12:26 AM Hello, I attended a real estate meeting this week in Orange County where the person speaking said... If you buy a 2nd trust deed and want to reinstate the 1st trust deed, the 1st trust deed does not have to let you reinstate the loan if they don't want to because you are not the original, originator of the 2nd TD loan. Is this correct? The person went on to say you would want to have the 2nd trust deed get written permission from the first that you, the buyer would have the right of reinstatement, before purchasing the loan. Follow Ups: Right To Reinstate is exclusive to the affected note holder.. Ward-CA- 6:45 PM, 05/09/03 (1) Re: Right To Reinstate is exclusive to the affected note holder.. Tom Huntington 11:48 PM, 05/09/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello, : I attended a real estate meeting this week in Orange County where the person speaking said... : If you buy a 2nd trust deed and want to reinstate the 1st trust deed, the 1st trust deed does not have to let you reinstate the loan if they don't want to because you are not the original, originator of the 2nd TD loan. Is this correct? : The person went on to say you would want to have the 2nd trust deed get written permission from the first that you, the buyer would have the right of reinstatement, before purchasing the loan. 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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