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[-] deficiency judgment search - NANCY WALLACE/NJ (5 replies)
4/28/2010 9:59:36 AM (3682 views)
Re: deficiency judgment search - Nils Nelson/ME
4/28/2010 11:39:07 AM (6350 views)
Re: deficiency judgment search - NANCY WALLACE/NJ
4/28/2010 1:10:52 PM (4145 views)
Re: deficiency judgment search - Nils Nelson/ME
4/28/2010 7:10:02 PM (4097 views)
Re: deficiency judgment search - William Case/TN
4/30/2010 11:29:54 AM (4591 views)

For title searching purposes remember that (in Tennessee and probably most jurisdictions anyway), a judgment will not become a lien upon the real property of a judgment debtor until a copy is placed of record in the Register of Deeds Office (or whatever it is for your state) for the county where the property lies.

A deficiency judgment entered and recorded after a foreclosure or trustee's sale will not be a lien on the property which was the subject of the foreclosure since the debtor no longer owns that property (unless the good fairy bought it at the foreclosure sale and conveyed it right back to the debtor).

It will of course constitute a lien on any other property the debtor may own if duly recorded in those counties.

Why were you asking about deficiency judgments anyway?

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4/30/2010 4:12:46 PM (4019 views)

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