Wednesday, March 19, 2014

How to stop a 2nd smaller mortgage from foreclosing?

A small 2nd mortgage is over due by 8 years and I thought there was a lien for it on the property, so when I sell it gets paid. Now they posted that they are foreclosing even though Im paid up to date on the first. Can they sell my property or are they selling the loan. Its not clear what they are selling (my home or the loan?)? THis is the 2nd not the first? Anyone know whats going on?
Added (1). There is already a lien on the house for the 2nd so how can they foreclose? Can they change their minds like that?

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