The Tender For Law

Volume 1

Mar 07, 2013 6:13 AM

Gail Marie

I don't fully understand liens, but if the bank automatically puts a lien on the house when you get a mortgage, and if it is true what Stuart shared "first in time first in right", I'm not clear how a lien would help other then as Pierre said, the value of the home above the cost of the mortgage would be available to the home owner?