Are you also going to front the legal costs associated with checking if there are any other claims against the property? e.g. primary or secondary charges?
Typically people who try to get BTC loans using property as collateral have already maxed out their opportunities at a bank since there are too many claims on the property.
TLDR: Is the property indebted to someone else already?
Sure, all these will be covered, any other issue that may arise that you can highlight? Typically people who try to get BTC loans using property as collateral have already maxed out their opportunities at a bank since there are too many claims on the property.
TLDR: Is the property indebted to someone else already?
