Social Studies, 29.02.2020 04:39, alexanderickh1
A foreclosure finds a homeowner with the following liens: a first mortgage dated five years earlier; a second mortgage dated two years earlier; an unpaid real estate tax bill for the current year; and a mechanic's lien for work performed five years earlier. Which of these liens will be paid off first?
A. First mortgage
B. Second mortgage
C. Property tax lien
D. Mechanic's lien
Answers: 2
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