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    GARBAR53's Avatar
    GARBAR53 Posts: 1, Reputation: 1
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    #1

    May 22, 2009, 01:50 PM
    I'm selling a house in Nebraska that I have a mortgage on
    I have a mortgage on a house in Nebraska and I'm holding the mortgage and I want to find out if I can use a vendors lien deed and do it myself and record it in Nebraska
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    May 22, 2009, 02:52 PM

    I would not recommend selling a house with realestate advice. There are many loopholes to take care of on the way to obtaining a closing. Seek a lawyers advice.

    Tick
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    May 22, 2009, 03:04 PM

    There are two documents associated with a mortgage, One is a promissory note, which details the numbers. The other is the mortgage which states what property is being used for security for the note.

    The mortgage document is used to file a lien against the property with the recorder of deeds.
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