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RobertWardJones.com |
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| Real Estate Problems Solved! | |
| Sell Subject to the Existing Mortgage |
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You are much better off with a real estate investor when selling subject to the existing mortgage. They have the resources to keep up with the payments. Please complete the form so we can get started!
If you can find a regular buyer for your house who can quickly pay the bank what is owed and take over payments of your mortgage you still have risk. There is risk because your name is still on the mortgage. So if your buyer defaults, your credit rating is damaged. This can work, so long as you monitor the payments to the bank every month. But that's a lot of work and the average home buyer taking over your payments can be laid off, have financial problems, which can then become your problems. |
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Copyright © 2008 Robert Ward Jones. All Rights Reserved. | ||
| Real Estate Problems Solved! | |||