Loan Position

Submitted by Pat from CA - 01/21/2010 - 4:56pm

How does Foreclosure Radar determine the estimated position of the loan? Is this reliable?

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Comments

Submitted by Sean - 02/04/2010 - 7:53pm

It is based on the order of recording and the loan amount. It is a reasonable estimate, but should not be relied on for purchase as reconveyances are NOT verified on earlier loans.

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