Legal Question in Real Estate Law in Illinois

liens

Can I put a lien on my Daughter & Son in laws home for money owed to me from saving it from foreclosure, & what does it cost to do this?


Asked on 8/02/06, 1:29 pm

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

Re: liens

It probably will not do any good. Since the mortgage which is the subject of the foreclosure was filed before your lien, it would have priority over your lien. This means that when the foreclosure is finished, your lien will be eliminated, since it is inferior to the first mortgage.

Read more
Answered on 8/02/06, 3:21 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Illinois