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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Summary Steps for Deailing with Senior Lien Holder Posted by Mark on May 20, 2003 at 12:06 AM Ward, Just purchased my first property sold as a result of a junior lien holders (2nd position) foreclosure. At this point, the 1st hasn't initiated foreclosure proceedings. It's been over a year since training and so far my experience has only been purchasing 1st positions so I am a bit rusty on this. The manual contains a couple of letters that look applicable but they make reference to conversations that presumabely you had with the lender prior to sending the letter. Would you be kind enough to summarize the steps for dealing with the lender and protecting my position? What's the best way to present the situation to the lender? I'll call if it would be easier to discuss on the phone. Thanks in advance! Mark Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : Just purchased my first property sold as a result of a junior lien holders (2nd position) foreclosure. At this point, the 1st hasn't initiated foreclosure proceedings. : It's been over a year since training and so far my experience has only been purchasing 1st positions so I am a bit rusty on this. The manual contains a couple of letters that look applicable but they make reference to conversations that presumabely you had with the lender prior to sending the letter. : Would you be kind enough to summarize the steps for dealing with the lender and protecting my position? What's the best way to present the situation to the lender? : I'll call if it would be easier to discuss on the phone. : Thanks in advance! : Mark 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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