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How do you determine the priority of one mortgage and charge over the other?
Wiki User
∙ 13y ago
Liens on real property are prioritized according to the time of their recording in the land records. In some cases a senior lien holder will agree to subordinate their lien to a new lien, by a recorded instrument, allowing the new lienor to take priority.
Liens on real property are prioritized according to the time of their recording in the land records. In some cases a senior lien holder will agree to subordinate their lien to a new lien, by a recorded instrument, allowing the new lienor to take priority.
Liens on real property are prioritized according to the time of their recording in the land records. In some cases a senior lien holder will agree to subordinate their lien to a new lien, by a recorded instrument, allowing the new lienor to take priority.
Liens on real property are prioritized according to the time of their recording in the land records. In some cases a senior lien holder will agree to subordinate their lien to a new lien, by a recorded instrument, allowing the new lienor to take priority.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoLiens on real property are prioritized according to the time of their recording in the land records. In some cases a senior lien holder will agree to subordinate their lien to a new lien, by a recorded instrument, allowing the new lienor to take priority.
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If one person has a first mortgage on one property can another person have a first mortgage on the same property?
no. whichever mortgage was filed first with the local county clerk is the first mortgage on the property. any other mortgage would be subordinate in priority, and the priority is established by the date on which the mortgages are filed in the county clerks office
What information is needed for a mortgage calculator?
"The information that is needed for a mortgage calculator will be income and source of other income, debt and other assets that can be used to determine payments."
How can a mortgage loan calculator be useful?
Like other types of payment calculators, a mortgage calculator is helpful to determine the exact cost and the monthly payment of a mortgage. It is helpful because good calculators can help determine costs based on the life of the mortgage as well (i.e. 20 versus 30 years).
Which commercial mortgage lenders charge the lowest mortgage points?
You will have to shop around in order to get the best rate on a mortgage. Different companies will offer you different rates based on several other factors.
Can a child recover money that was paid by child on mortgage?
If you paid the mortgage company directly, you may have a vested interest in the house. Your attorney would have to determine the validity of the other.
What is the best type of mortgage for someone in the UK?
The best type of mortgage will depend on the circumstances of the individual. Some will do better with a fixed rate while an adjustable rate will be better for others. A discussion with a mortgage broker or other mortgage professional will determine one's options.
How do you use a mortgage payoff calculator to determine savings on your mortgage?
You can use to track your mortgages and some other loans that you have. The calculator sums up all your mortgages and other loans or it estimates the number of months that you're paying them.
To determine the price to charge for your service youll need to calculate the cost of the materiallaborand what other two elements?
To determine the price to charge for your service, you'll need to calculate the cost of the material,labor, and what other two elements?
What is an rbc mortgage calculator?
A Royal Bank Mortgage payment Calculator is used to see how mortgage amount, interest rate and other factors affect your payment. Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estate. Mortgage calculators can also be used to compare the costs, interest rates, payment schedules or determine the affect added principal payments will have upon the length of the mortgage loan.
Can you face foreclosure due to a charge off?
No, a "charge off" is a term used by credit card companies and other unsecured creditors to indicate that the account has been defaulted and collection procedures will be implemented. A foreclosure is the act used by a mortgage lender to recover property when the mortgage contract has been defaulted upon.
What is the purpose of second mortgage calculator?
A second mortgage calculator is a tool used to help borrowers determine how much they may be able to borrow for their second home loan. It helps them estimate the loan payments and other associated costs, allowing them to better plan for their financial future.
What was Rome's attitude to other religions?
It all depends on who is in charge. Whoever leads and has the power of Rome would determine the attitude toward other religions.
