Legal Question in Real Estate Law in New Jersey
If someone has put a second mortgage on your property and the term of the mortgage was to be paid off in 2008 can you call in the loan and have it paid off?
Asked on 8/20/10, 3:46 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Your question is confusing and probably should be re-stated with more specifics. No one can put a mortgage on another person's property. A mortgage is a voluntary process and has to be done by the property owner giving certain rights to the lender.
Answered on 8/25/10, 6:06 pm