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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: No problem Posted by kennyboy on August 15, 2003 at 5:43 PM In Reply to: No problem posted by Ward-CA- on August 15, 2003 at 1:45 PM Thanks Ward. Do you know of a good legal resource that explains the various priorities and goes into details like this? Ken : : Greetings: : : I am researching a foreclosure on a second where the trustor made a deed of trust to the bank and subsequently granted joint tenancy to his wife. The notice of trustee sale by the second only lists the husband as trustor. : : Is this a problem? If I buy it will they only convey title from him and not her? Does she have a claim to title if I buy at the sale? : : What recourse does the bank have to clear this up if they can only covey title in his name and not hers? : : Thanks, : : Ken : =-=-=-=-=-=-=-=-=-=-=-=-=-=-=- : Ken, : Subsequent changes to the title of property will not affect the seniority of prior liens. So, no this is NOT a problem and you will get ALL the title if you buy at the foreclosure auction. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Thanks Ward. Do you know of a good legal resource that explains the various priorities and goes into details like this? : Ken : : : : Greetings: : : : I am researching a foreclosure on a second where the trustor made a deed of trust to the bank and subsequently granted joint tenancy to his wife. The notice of trustee sale by the second only lists the husband as trustor. : : : Is this a problem? If I buy it will they only convey title from him and not her? Does she have a claim to title if I buy at the sale? : : : What recourse does the bank have to clear this up if they can only covey title in his name and not hers? : : : Thanks, : : : Ken : : =-=-=-=-=-=-=-=-=-=-=-=-=-=-=- : : Ken, : : Subsequent changes to the title of property will not affect the seniority of prior liens. So, no this is NOT a problem and you will get ALL the title if you buy at the foreclosure auction. 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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