Posted by blogger on July 28, 2006 at 11:18:00:
When the escrow co. prepares the note they should also prepare the mortgage or deed of trust to secure that note, then that doc is recorded in deed records.
It becomeas a 2d DT or Mtg, behind the 1st.
Lien on Home for Biz Loan - Posted by Michael Hoeft
Posted by Michael Hoeft on July 27, 2006 at 12:28:38:
Can an investor place a lien on a new biz owner’s home for collateral (for a start-up biz loan) even if the owner has not paid the home off already? How is that done, if so? THANKS!