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Question re: Homeowner exemptions

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    Question re: Homeowner exemptions

    Really clear:

    Home worth about $850,000
    1st: $715,000
    2nd: $50,000
    Mechanic's lien ( in litigation): $43,000

    In California I believe the exemption is $75,000.

    Does the mechanic's lien count against my equity?

    If so I think that my home is safe.

    Thanks in advance.
    Very fortunate in the grand scheme of things but have learned my lesson.

    Filed 12/15/08, 341 1/12/09, Cont to 2/12/09, cont to 3/12/09, cont to 4/15/09, cont to 5/11/09, cont to 6/02/09. Discharged 9/16/09, Closed 10/23/09

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