Posted by dewCO on December 23, 2000 at 18:05:58:
George, Get a grip. Check out the market value. There may be nothing left to lien!!! Then if there is, since he will sign anything see if will deed the house to you and hold off on filing BK until you can get it sold and get your cash out if he just wants out. May not even need the second. However, the notes I’ve seen, you just write in what position the note and deed of trust will be. But, you need to check to see what of record on the property to know the answer to this Q too…