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[+] Altisource - Cherie Smurthwaite/CA (2 replies)
8/26/2011 11:11:49 PM (3531 views)

[+] Comment on "High-Priced Deed Scam Continues" - Source of Title/OH (1 reply)
8/26/2011 9:57:36 PM (2902 views)

[+] Hawaii Leasehold question - William Pattison /CA (2 replies)
8/26/2011 11:53:04 AM (2897 views)

[-] Subordination Agreement - F P/VA (2 replies)
8/26/2011 9:53:51 AM (2898 views)

1st deed of trust is $25,000 in 2001.  2nd dot is $109,000 in 2003.

2nd dot is refinanced in 2004 and is now $103,000 and the 2003 dot ($109,000)  is released two months after the re-fi is put to record

so now there is 1st for $25,000 and 2nd for $103,000

subordination agreement is recorded in 2006, referencing (not by book & page) the $25,000 in 2001 is subordinate to the $109,000 dot in 2003. 

does this automatically make the 2nd dot (103,000 re-fi) superior because it is a re-fi of the released $109,000?  the subordination agreement DOES NOT include wording to show that dot was refinanced.

I'm reporting on my search with a note explaining the above situation, but I never ran into this before and wasn't sure if they would need to record a corrected sub-agreement including information from the re-fi in 2004.  I'm interested in what ya'll think.

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Re: Subordination Agreement - Robert Franco/AK
8/26/2011 10:16:15 AM (4581 views)
Re: Subordination Agreement - F P/VA
8/26/2011 10:22:04 AM (4428 views)

[+] Easy sharing on Linkedin and Twitter? - CHARLENE  PERRY/MD (2 replies)
8/24/2011 9:13:40 PM (2867 views)


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Interesting Email Icon - Nils Nelson/ME
8/24/2011 8:24:59 PM (2431 views)

[+] Foreclosure Fraud Ongoing and Hard to Spot - William Pattison /CA (1 reply)
8/24/2011 12:47:34 PM (3299 views)

[+] Speedy Closing & Title Services, Inc - Gerry/TN (1 reply)
8/24/2011 10:58:43 AM (3439 views)

[+] Sherri Fried and Red Stone Title and Abstract LLC - NON PAYER - Abstractor/NY (2 replies)
8/23/2011 4:21:43 PM (8445 views)

Warning: Fraudulent Company (s) - Wayne Brown/VA
8/23/2011 3:58:45 PM (4853 views)

[+] Bridewater & Associates, LLC in Canton being Sued?? - AJ/GA (2 replies)
8/22/2011 1:44:41 PM (3624 views)

[+] JTWRS - Paula Reynolds/FL (2 replies)
8/22/2011 6:02:14 AM (3404 views)

[+] BEWARE of these companies - Diane Brookerd/AL (12 replies)
8/19/2011 6:49:24 PM (4188 views)

[+] AltiSource - Carrin/TX (6 replies)
8/19/2011 10:52:46 AM (3862 views)

ACME Abstract - Florida - beware - Jason Knowles/AL
8/19/2011 9:23:56 AM (2995 views)


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