First Deed of Trust Position Trumps a Second


The deed of trust and the promissory note that your borrower signed is important, and you should read these documents carefully. They spell out when and how the borrower is determined to be in default.
http://dongockel.realtytimes.com/consumeradvice/mortgageadvice1/item/28747-20140522-first-deed-of-trust-position-trumps-a-second

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