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A property can only be mortgaged by someone that OWNS the property. A mortgage is a loan that is secured by the value of the property. I cannot get a mortgage on property that I do not own, since I have no right to that property. The mortgage company would be considered a lien holder- they have a claim against the property for as much as the unpaid amount of the loan. Lienholders will be listed on the deed to the property, which is recorded by the County Clerk or Recorder.
What else can I help you with?
Which instrument would be least likely to find in someones home?
piano (apex)
Where can you find a cheap mortgaged home in Washington?
Homes for sale can be found in many home magazines and online. You can also contact a realtor that would have a wealth of knowledge on the area you are interested in.
What was the name of the movie George Harrison mortgaged his home to make?
Time Bandits...
What is a food you may find in someones home garden?
tomato carrot lettuce corn potato cucumber
How do you find someones video on YouTube?
you type in the channel name or the video name in the search bar on youtube home
How do you get someones address?
You follow them home.
Can you trade a mortgaged property in Monopoly?
No, you cannot trade a mortgaged property in Monopoly.
Can you trade mortgaged properties in Monopoly?
No, you cannot trade mortgaged properties in Monopoly.
Can a mortgaged lot be mortgaged once again?
Yes, it's called a second mortgage.
How do you find someones msn?
Ask them for it.
What is pipl for?
to find someones information
Can you sell mortgaged property to the bank in Monopoly?
No, you cannot sell mortgaged property to the bank in Monopoly.
