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Updated over 18 years ago on . Most recent reply

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Blaine Shannon
  • Member since Apr 8, 2008
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Blaine Shannon's profile image
Blaine Shannon's profile image
Blaine Shannon
  • Member since Apr 8, 2008
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Blaine Shannon
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23
Posts
Foreclosures

Trustee's sale of junior loan

Blaine Shannon
Posted

What happens if 2 junior loans are going to trustee sale on the same property? What happens to the senior loan? Why would you bid on a junior loan? What happens to the property if no one bids on the junior loans? Can they forclose...even if the senior loan is current? I looking a property that This is the case.

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