LoanAmount vs. loan1LoanAmount

Submitted by Patrick Luke from CA - 02/22/2010 - 11:28am

When you export from Foreclosure Radar into excel, there are fields named "LoanAmount" and "loan1LoanAmount." What is the difference between these two?

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Comments

Submitted by Michelle - 02/23/2010 - 12:08pm

The "loan amount" in the exported list refers to the foreclosing loan. We also use a computer model to determine lien position. The "loan1Loan amount" represents the loan in 1st lien position. Keep in mind that this is a computer model that we are using and you should always verify the lien position by doing a search at the county recorders office.

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