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Mortgages

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Guest	Posted: Tue Apr 05, 2011 9:00 am    Post subject: Mortgages Like 0 Dislike 0 Mortgage A signed on 11-15-2009. Mortgage A recorded on 04-16-2010. Mortgage B signed on 04-08-2010. Mortgage B recorded on 04-15-2010. Question: Which is the 1st (Superior) Mortgage? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Guest	Posted: Tue Apr 05, 2011 12:23 pm    Post subject: Like 0 Dislike 0 Mortgage B was recorded 1st, therefore Mtg B is in first lien position.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Tue Apr 05, 2011 9:33 pm    Post subject: Like 0 Dislike 0 Hi Guest, I agree with Guest. The mortgage which was recorded first will be considered as the first lien on the property. _________________ Procrastination is the enemy of your financial success

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