Learn how liens and second mortgages get paid off in foreclosure, and your. second mortgage, home equity loan, and the judgment lien in the foreclosure.. That party may then file a judgment lien, which is a lien that attaches to your real estate. judgment creditor would receive nothing and their liens would be wiped out.
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In the last few years, a large number of real estate investors have flooded the. second-priority home equity mortgage, and a homeowners' association lien, judgment lien holder, or any other person or company holding a lien junior to any kind of superior lien affecting the property file a foreclosure action, the superior lien.
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The Fourth District has ruled that inferior liens are extinguished in a. by the Sea (LBTS) – all inferior to the first mortgage and recorded post lis. and obtained a final judgment of foreclosure in September 2008 on a. final judgment can dictate the "end date" by outlining when the equity of.. Cancel Accept.
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