Legal Question in Real Estate Law in Texas
Second Lien holder paid-off First Lien
If the second lien holder paid-off the first lien on our mortgage, but did not have it assigned to them and never offered it back to us as a mortgage, do they have the right to foreclose on us and are they legally able to collect the amount that was paid on the first lien?
Asked on 11/13/03, 2:19 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Second Lien holder paid-off First Lien
Yes.
Answered on 11/13/03, 3:19 pm