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Current Foreclosure Discussion Foreclosures Discussion Archive 6



Re: Junior Lien


Posted by Bill H on February 15, 2003 at 20:46:02:

In Reply to: Junior Lien posted by Nagi on February 15, 2003 at 13:16:28:

: What would you do if you bought a junior lien on a property in a trustee sale type auction?

All depends. How junior? How much? Costs to reinstate the senior lien(s? Equity? Good investment or merely a serious mistake? .....be more specific and someone will assist you.


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