September 1



Share this

Reading Time:
minutes remaining


Moneys paid, on behalf of an owner, by a junior interest holder. This is done to temporarily cure a delinquency on a senior encumbrance that threatens to extinguish the juniors position. Thereafter the junior lien holder can start their own foreclosure if they are not immediately reimbursed for the advances paid out.

« Back to Glossary Index

Loved this? Spread the word

About the Author


Related posts

Junior Mortgage

Read More

Junior Lien

Read More

Judgement Proof

Read More

Judicial Foreclosure

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!