by merfam
Question by PlasticTrees: How does a deed of trust work if there is a prior lein on a property?
I’m getting ready to meet with an attorney and the guy that wants to sell me a house. The atty said a deed of trust using the owner as a trustor is as safe as a mortgage. The owner just told me that there is a lein on the property, from where he refinanced to “fix it up”.
How will the lein affect things?
Best answer:
Answer by Beth K
You will not obtain clear title
What do you think? Answer below!
2 Responses to How does a deed of trust work if there is a prior lein on a property?