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Second Trust Deeds in Foreclosure

Posted by Gary - CA on December 20, 2001 at 4:40 PM

Ward,

I have lots of questions about scenarios involving more than one
loan on a property during a default. For example, can the holder of the second foreclose if the holder of the first has
foreclosed? What are the differences between only the first
foreclosing and the second foreclosing? Etc, etc. Can you point
me to some reading material to cover all these scenarios? Do you
cover this in your training? By the way, thanks for your support.

Regards
Gary


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