InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] You need to read the notice... Posted by Ward-CA- on November 25, 2003 at 8:42 AM In Reply to: Notice of Action posted by JK on November 24, 2003 at 10:49 PM : Hello : We are interested in a foreclosure but there is a Notice of Action on Public Record Junior to the foreclosing Deed of Trust : I believe that if we get this property at the sale then the Action could be continued against us. : Is this correct?, or does the foreclosure "wipe out" the action? : Thank you. =================================== JK, What does the Action pertain to? If it’s over something that’s not related to the foreclosing lien then it will probably be obliterated by the senior’s foreclosure. But if it deals with something about the foreclosing lien then maybe not. So you need to get more fully informed about the Action. Hope this helps. Follow Ups: Further edification... Ward-CA- 8:57 AM, 11/27/03 (0) Pertinent or Not? JK 2:06 PM, 11/25/03 (1) Further edification... Ward-CA- 9:03 AM, 11/27/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Hello : : We are interested in a foreclosure but there is a Notice of Action on Public Record Junior to the foreclosing Deed of Trust : : I believe that if we get this property at the sale then the Action could be continued against us. : : Is this correct?, or does the foreclosure "wipe out" the action? : : Thank you. : =================================== : JK, : What does the Action pertain to? : If it’s over something that’s not related to the foreclosing lien then it will probably be obliterated by the senior’s foreclosure. : But if it deals with something about the foreclosing lien then maybe not. : So you need to get more fully informed about the Action. : : Hope this helps. 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455