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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Due diligence generality... Posted by Ward-CA- on August 12, 2003 at 9:25 PM In Reply to: JBB Due Diligence posted by Cary on August 11, 2003 at 5:49 PM : Ward, : When doing a junior bene buyout from institutional lenders, is it generally safe to say that the majority of the times there are no other senior liens, judgments, etc. other than the senior lender? : For example, if I am buying a 2nd trust deed from an institutional lender and I already know all the information about the 1st trust deed, is it safe to say that there are no other liens and/or judgments recorded "inbetween" since the 2nd trust deed would not have lent the money without having all the senior liens and judgments (excluding the existing 1st trust deed) paid off? : As an additional question, do you have any recommendations on how I can get a FAST title search (without doing it myself) for a property located in San Francisco and Southern California? : Thanks for your help. : Cary =-=-=-=-=-=-=-= Cary, Yes, it’s generally safe to say there aren’t any other intervening liens where there’s an institutional 2nd appearing junior to an institutional 1st. Regarding a fast title search, try www.lotbook.com Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : When doing a junior bene buyout from institutional lenders, is it generally safe to say that the majority of the times there are no other senior liens, judgments, etc. other than the senior lender? : : For example, if I am buying a 2nd trust deed from an institutional lender and I already know all the information about the 1st trust deed, is it safe to say that there are no other liens and/or judgments recorded "inbetween" since the 2nd trust deed would not have lent the money without having all the senior liens and judgments (excluding the existing 1st trust deed) paid off? : : As an additional question, do you have any recommendations on how I can get a FAST title search (without doing it myself) for a property located in San Francisco and Southern California? : : Thanks for your help. : : Cary : =-=-=-=-=-=-=-= : Cary, : Yes, it’s generally safe to say there aren’t any other intervening liens where there’s an institutional 2nd appearing junior to an institutional 1st. : Regarding a fast title search, try www.lotbook.com 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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