2nd mortgage for mobile home

debts 2nd mortgage for mobile home america

than just the home. Refinancing frees lenders to go after cars, savings and brokerage accounts, unrelated real estate holdings and other assets to make up the difference -- even if it takes a decade or more to square the 2nd mortgage for mobile home The risks are small when home values are zooming as they are today. But some experts warn that could change if the state's housing market stumbles or if there is a major natural disaster, such as an earthquake. Lenders also will get more leverage starting today because sweeping changes to federal bankruptcy 2nd mortgage for mobile home make it much harder for Americans to wipe out debts in court. A mechanics lien is a hold on real property for the benefit of someone whose work or property 2nd mortgage for mobile home the property. It is called by various names, including materialman's lien, supplier's lien, laborer's lien and others. Through "perfecting" a lien, the technical term for establishing a mechanics lien, the owner's title to the property suffers an interference that will have to be addressed before the owner can restore clear title. Generally, a lien would 2nd mortgage for mobile home arise if there is a payment dispute, although some states (e.g. California) require pre-lien notices at the beginning of a project. Since real property ownership is mostly a function of state law, establishing a mechanics lien is mostly a process governed by state law, in particular a mechanics lien statute. 2nd mortgage for mobile home process for perfecting a mechanics lien varies significantly from state to state. However, common parts of the process of