I don't fully understand liens, but if the bank automatically puts a lien on the house when you get a mortgage, and if it is true what Stuart shared "first in time first in right", I'm not clear how a lien would help other then as Pierre said, the value of the home above the cost of the mortgage would be available to the home owner?
Printed copy · Anthology Volume 4, page 308Printed copy from The Tender For Law Anthology, Volume 4, page 308 (printed 13 June 2014). Added by this site; not part of the Facebook export.