Updated almost 7 years ago on . Most recent reply
Buyung a foreclosure that has two mortgages:
Looking for some insight on buying a foreclosure property where there is a second mortgage on the property. Specifically trying to figure in which order is it best to begin, working with the holder of the 1st mortgage or the holder of the second?
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Jay Hinrichs
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Jay Hinrichs
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@Aaron K. I don't know I would be astounded if I got two separate lenders or servicers on a call.
most of these deals you never talk to anyone.. its always written correspondence once you have the owners written authorization to release mortgage information.
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