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Updated over 18 years ago on .

Blaine Shannon's profile image
Blaine Shannon's profile image
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
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Foreclosures

2 junior liens up for trustee's sale

Blaine Shannon
Posted

I'm tracking a home that has 2 juniors liens going up for trustee's sale, the senior loan is huge...almost 1 mil. If nobody bids on the junior liens, they (the lender of the junior liens)own title to the home right? Do they begin forclosure? and is senior loan wiped out? Can I contact the lender to the junior loan and make an offer lower than the senior loan

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