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2nd Deed of Trust

Posted by Kim Boatright on October 01, 2003 at 0:03 AM

I desperate for information regarding a 2nd Deed of Trust that my Mother-in-Law holds. Apparently the property was to be sold and my inlaw was supposed to be paid off, but this did not happen.(escrow fell through) We feel that the said owners might not be able to sell the house and be behind in the payments to the point of foreclosure. How will this affect the 2nd Deed of Trust. Will my Mother-in-Law receive her money if the house is foreclosed and sold by the bank? My husband holds Power-of-Attorney for his mother who has recently had a stroke and we need to make sure her interests are protected. Thank you for any information you can provide.


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