May
20
What if the seller asks more than what
May 20, 2009 |
What if the seller asks more than what the balance is on the mortgage? Below are a few techniques, provided the seller is willing to negotiate and has a genuine interest in selling the property as soon as possible. A majority of mortgage [...] Complete the deal with a second mortgage created with the seller. If you cannot be approved for an assumable mortgage, you may also try a subject to assumption mortgage, which means that you make the monthly payments while the property remains in the seller’s name.
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