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What, Paratactically Speaking Can The 2nd Do??


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If the 1st Mortgage is current, what, practically speaking, can the 2nd do if you fall behind?  In order to foreclose, don't the have to buy out the 1st?  If they were to sue to foreclose, the 1st would still be the upset bidder at the sheriffs sale, eliminating the 2nd's interests.  so what is their real leverage?

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The last post in this topic was posted 1845 days ago. 

 

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