Legal Question in Real Estate Law in Florida
I sold my home in Florida I hold a mortgage on part and a private lender holds part. the buyers have stopped paying both. How do I know who is the first mortgage holder? And what options do I have?
Asked on 6/07/10, 3:52 pm
1 Answer from Attorneys
It would require a title search which is reviewed by a competent examiner, which most laypersons could not do. Its like trying to take your own x ray, and read it without knowing how to do either one of those tasks.
If you try it on your own, try to find out if in your county they have a free public records search engine. Then enter the information. Generally, first listed has priority over the more recent mortgages. But not always.
Answered on 6/07/10, 7:09 pm
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