Buying or Selling a Home/lien and judgment report

Advertisement

Expert: - 2/8/2011


Question
How do you tell which is a first or second lien when they are both done on the same day with the same bank.   We have a lien and
judgment report.

Answer
Yes, they may be recorded on the same day, Darrell, but if you will notice that one of them has a time stamp on it that probably is a few minutes older than the other. The one with the older time stamp (by the county recorder) is the first lien (mortgage, note, etc.) I do wish you well.

Dick Dennis
dixiedee13@aol.com  

Buying or Selling a Home

All Answers

Answers by Expert:

Ask Experts

Volunteer

Dick Dennis

Expertise

With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.

Experience

Solving real estate problems for 37 years.

Organizations
National Association of Realtors

Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers

Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate

©2012 About.com, a part of The New York Times Company. All rights reserved.