Junior Liens
C&H Trust Deed Service provides a unique service to assist lenders holding junior lien interests in property.
These services include:
- Monitoring payment status on senior debt;
- Obtaining copies of any senior debt foreclosure activity;
- Auditing senior debt foreclosure for potential defenses or challenges to same;
- Determining a strategy for handling the senior loan(s);
- Tracking the progress of any senior foreclosure
- Obtaining reinstatement or payoff demands from the senior lender;
- Processing reinstatement or payoff of senior liens;
- Notifying the client of the sale date and providing a copy of the Notice of Sale;
- Attending senior sale and submitting protective bid upon authorization from client;
- Demanding surplus funds (if necessary).