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Updated almost 3 years ago on . Most recent reply

User Stats

111
Posts
63
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Edward Adams
  • Investor
  • Houston, TX
63
Votes |
111
Posts

How to Find First Lien payoff amount when you buy second lien

Edward Adams
  • Investor
  • Houston, TX
Posted

i recently bought a HOA foreclosure house at auction that had first mortgage lien on it. i did some calculation to figure out the first lien balance but at the end i was so wrong, the amount was twice. is there a way to find the first lien payoff amount before you purchase a second lien?

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