Legal Question in Real Estate Law in California

fixed second mortgage

what are the repercussions for defaulting on a second mortgage


Asked on 5/31/08, 5:30 pm

1 Answer from Attorneys
Mitchell Roth MW Roth, Professional Law Corporation

Re: fixed second mortgage

The holder can foreclose, but will have to keep up payments of the first. Depending on a lot of facts which are unknown to me now, the holder of second may be able to sue on the note and get a judgment.

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Answered on 5/31/08, 9:02 pm


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