Can the bank take out a second mortgage over a home if there was already a second mortgage taken over the home when purchased by another person other than the home owner?
If they can, what is the correct manner which it is done? Does home owner have right to be told? Shouldn't the home owner of needed to sign papers for this to happen?
If they can, what is the correct manner which it is done? Does home owner have right to be told? Shouldn't the home owner of needed to sign papers for this to happen?