Mechanics Lien -- Is the contractor owed the money a grantor or grantee?
The grantor is the individual giving the security interest. The grantee is the one taking the security interest and is the one that is owed the money.
Newport News, VA
Foreclosure Lawyer at Newport News, VA
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The grantor is the individual giving the security interest. The grantee is the one taking the security interest and is the one that is owed the money.
Eric is correct. The SOL does not extinguish the security interest. You should, however, check the state statutes on "abandonment". There are...
Hamid's answer is not only correct but covers the topic very well. I would only add that if you are considering bankruptcy and retaining your real...
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This is quite common with credit unions due to what is called cross-collateralization. However, banks do not have the same protection. You would...
The information you provided is not consistent. You said the credit report shows the 2nd mortgage as "paid and closed". Later you said "charged...
The landlord's obligation to make the mortgage payments is not connected to your obligation to make the rental payments. You should continue to...
Your question seems to be whether there is a valid assignment or whether the documentation necessary to proceed with the foreclosure is valid. ...
Inheriting a property does not make you liable for the secured debt on the property. Without a will you mother-in-laws estate will pass to her...