Real estate blog entries tagged with boundary line by Jen Hudson - Stanwood, Camano & Arlington,WA (Windermere Real Estate/M2, LLC)

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Home : Blogs : Jen Hudson - Stanwood, Camano & Arlington,WA : Jen Hudson's Blog : Tag "boundary line"

boundary line: Foreclosures, Mortgages & Boundary Line Adjustments.. oh my! - 10/25/09 11:10 AM

Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!...Question:
Property owner owned two adjoining lots. Each lot was separately mortgaged. Owner completed a boundary line adjustment through the county, effecting an equal land trade between the two lots, but never notified either mortgage holder of the BLA. Subsequently, one mortgage holder foreclosed and took title to one of the lots. What was the effect of that foreclosure on the BLA?
Answer:
The BLA is still effective, meaning that it is still recorded and the county still acknowledges each parcel as having the property boundaries established by the BLA. However, the foreclosing lender … (1 comments)

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Jen Hudson - Stanwood, Camano & Arlington,WA

Stanwood, WA

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Windermere Real Estate/M2, LLC

Address: 95020 19th Ave, Everett, WA, 98208

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