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Foreclosure Forum |
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HomesteadGiven: 1st and 2nd on sfr. 1st in recorded default. Investor negotiating for 2nd. Trustor files Homestead before assignment of 2nd TD can be recorded. Questions: What effect does the Homestead declaration have on the value of the 2nd note? Does the Homestead only effect liens filed after the date of the Homestead filing? Since the assignment of bene does not change the position or the recording date of the 2nd am I correct in assuming the 2nd ok to buy at deep discount? Follow Ups:
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