2nd Not Recorded...HELP ME ON THIS

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Posted by mark on August 27, 2003 at 10:24:59:

The first is foreclosing...the 2nd never recorded their 27k equity loan. In the mean time I recorded my new deed as 'trustee'.

I was going to offer the 2nd $2,500 but before I got the chance they said their records show they are going to 'charge off' the loan and take the loss.

Can I now 'buy out' or reinstate the first without having to worry about the 2nd? I'm especially curious because they never did record their mortgage. By the way, this house goes to sale sept. 8th and I'd like to get it before the sale. Thanks for all 'speedy' responses. Mark

Follow Ups:

• Get it in writing (url) - HousesPlus.com 13:36:12 09/13/03 (0)
• Re: What recording is, and isn't. - Jim V 19:14:23 08/27/03 (0)

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: The first is foreclosing...the 2nd never recorded their 27k equity loan.   In the mean time I recorded my new deed as 'trustee'.  





: I was going to offer the 2nd $2,500 but before I got the chance they said their records show they are going to 'charge off' the loan and take the loss.





: Can I now 'buy out' or reinstate the first without having to worry about the 2nd?  I'm especially curious because they never did record their mortgage.  By the way, this house goes to sale sept. 8th and I'd like to get it before the sale.  Thanks for all 'speedy' responses.  Mark








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