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The Basics of Real Estate Mortgages

 
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Nophah
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Joined: 18 May 2006
Posts: 8275
PostPosted: Tue Aug 19, 2008 11:01 am    Post subject: The Basics of Real Estate Mortgages Reply with quote
Second mortgages are subordinate, meaning that in the event of default, the primary, or first <b>mortgage</b> would get paid <b>off</b> first, and then any funds remaining would be used to <b>pay off</b> any second mortgages. Second mortgages are also <b>...</b>

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