2nd Mortgage Loans


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Do I have to have a Deed of Trust if I am getting a 2nd mortgage loan from my father. I do plan on deducting?
I do plan on deducting the interest I pay on my taxes. He agrees to claim the interest on his taxes. I just don't want to have to pay any real estate attorney or title attorney any more money than I already am. Can't I set all this up on my own without using any attorney's???

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can a finance company you have a 2nd mortgage loan in default with garnish your wages?


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who/when can your wage be garnished?
2nd mortgage loan in default, trying to sell house, cannot make payments. Can finance company garnish my wages as they are threatening to do.

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