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 ] In order of recording... Posted by Ward-CA- on March 30, 2004 at 7:11 AM In Reply to: order of judgment attachment posted by jenv on March 30, 2004 at 3:57 AM : In 1993 AJ is recorded against A for credit card debt : In 1998 AJ is recorded against A for back child support : In 2000 A buys house and judgments attach : In what order do they attach? ================= Jenv, Normally, the judgments would not attach to the house since the lender wouldn't want their loan to be junior to two existing, senior recorded abstracts of judgment (AJ). The lender would insist the AJ's be paid off prior to recording their loan. But, let's assume that A pays all cash for the house, and so doesn't have a loan involved. Then the AJ's would automatically, by operation of law, attach to the title of the house, in the order of when they were recorded. There's no super priority situation amongst judgments. Hope this helps. Follow Ups: Super Priority - Purchase Money Financing Travis-Ca 10:58 PM, 03/31/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : In 1993 AJ is recorded against A for credit card debt : : In 1998 AJ is recorded against A for back child support : : In 2000 A buys house and judgments attach : : In what order do they attach? : ================= : Jenv, : Normally, the judgments would not attach to the house since the lender wouldn't want their loan to be junior to two existing, senior recorded abstracts of judgment (AJ). The lender would insist the AJ's be paid off prior to recording their loan. : But, let's assume that A pays all cash for the house, and so doesn't have a loan involved. Then the AJ's would automatically, by operation of law, attach to the title of the house, in the order of when they were recorded. There's no super priority situation amongst judgments. : : 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 © 1997-2004, 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