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Infolawyer, Attorney
Category: Business Law
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Experience:  Experienced lawyer
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I had a property quit claimed to me and the owner had 2

Customer Question

I had a property quit claimed to me and the owner had 2 mortgages money was wired to 2nd mortgage instead of first am I able to recoup the funds that were wired because property was sold to 3rd party
Submitted: 5 months ago.
Category: Business Law
Expert:  Richard - Bizlaw replied 5 months ago.

Hello, my name is ***** ***** I will try to help you. Please remember I just report or interpret the law, so the outcome may not be what you hoped for.

Was the sale price of the property more than the sum of the two mortgages? If it was less was it more than the first mortgage that was not paid? If so did the excess go to the original owner?