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What is a First Mortgage?
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24th Feb 2011 by admint
It is the mortgage registered first against a real estate property. In case of sale or default, the lender of the first mortgage will be paid first. It has the priority over all liens except those imposed by law.
It is the mortgage registered first against a real estate property. In case of sale or default, the lender of the first mortgage will be paid first. It has the priority over all liens except those imposed by law.
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16th May 2010 In Mortgage
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Subjects: first mortgage,