Initial grant deed shows a purchase home of $1.5m with a $1m mortgage. So borrowed $500k. A few years later, there is a deed of trust for close to $1.2m and then a few years later a deed of trust for another $400k. So does that mean the owner took out an initial $1m mortgage and then borrowed against her house another $1.2m + $400k = $1.6m? Why would she do that vs just taking out a business loan or car loan? Can't the bank take your home if you default payment?
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