What does a lender in first position have to be concerned with regarding 2nd lien holders?

February 15th, 2009 by Jarad S.

Question: What does a lender in first position have to be concerned with regarding 2nd lien holders? Why would they not want to negotiate with the Owner until the 2nd line holder goes away?

Tags: lien priority

This entry was posted on Sunday, February 15th, 2009 at 4:08 pm and is filed under Lien Priority. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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