Property Liens Can Be Intimidating

(EMAILWIRE.COM, December 11, 2007 ) St. Augustine, FL--When a home is purchased, the lender who gives the loan creates a lien on the property, making the property collateral. For any reason the homeowner does not make the payments, the home can be sold by the lender so that the loan will be paid. In some cases there is more than one lien on a property at one time. Liens are placed on properties in the order that they are issued. If the homeowner gets behind in the payments to the point of loosing the property and the property is sold the priority will go to the first lien. If there are any other liens the same process will apply based on the date it is recorded. Regardless of the type of transaction, liens have an order and a priority.

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Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)

Mary Geronimo
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
http://www.FreeShortSaleCourse.com

Paramount Promotions LLC
Mary Geronimo
904-819-0676
mgeronimo@thejeffkaller.com