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2017-06-12 12:50:50
Kaylin
There may not have been enough equity to cover your lien. When the house was sold the mortgages were paid in the order they were filed in until they ran out of money. You may get a judgment against the person who lost their house. The new owner doesn’t owe you anything even if they were the holder of a earlier mortgage. That is why second and third mortgages pay higher incetesr.Referentes : +1Was this answer helpful?
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