YES YOU CAN! Any loan can be taken over AND the property can be deeded over ... even takeover their payment and switch the deed, but that may trigger the due on sale clause which may ... Read more
False - You must first make sure that your mortgage is assumable. Then the ... . as well you would have to bring the mortgage current to take it out of foreclosure. hope this helps. good ... Read more
Hi Ana,Oh this sounds scary! The only way to do this and be protected ... be accelerated (called due in its entirety). And you certainly don't want to takeoverpayments on a home ... Read more
That is a load3d question. I would make sure to do a search and hold title and ... . There are investors and buyers that do "takeovermortgagepayments" though. This is often call buying "subject to ... Read more
There are so many variables, both personal and financial. Have you considered ... for a down payment. By downsizing, and taking advantage of the buyers market, your short-term loss ... Read more
If you or someone you know are serious about finding out more please respond ... via the telephone. We are just looking to get rid of these quick and have someone takeover ... Read more
GREAT QUESTION:If a home is pre - foreclosure property owner HAS NOT PAI ... that the owner cannot sell the house to you on contract. If you "takeover the payments" informally then you ... Read more
do the aunt and uncle live here too?? It is not something that is very ... to find out that lenders will allow a qualified borrower to takeover a loan that is in default. All ... Read more
You can, if the current mortgage lender lets you legally assume the mortgage. I ... Andre,Karen is Correct yo can only takeover the mortgage and ownership IF the current owners ... Read more
Assumable mortgage you mean? Sean Dawes Has there been an article ... in national media... you are 10th prerson who asked same question today !. Takeover someone payment ... Read more
good evening......if the home you are considering buying has an fha loan and ... to you, it violates the due on sale clause in the mortgage ....bob mcclure- success mortgage partners ... Read more
Marilyn,It may not be that simple. Your mortgage likely has a clause tha ... prohibits anyone from "taking it over" (legally called an assumption). You have a few options:1 ... Read more
A consumer might look at my award winning article about how to select a ... and criteria. The variety of mortgage available to you today is mind-boggling. Don't panic simlpy take ... Read more
This is the very first step a home buyer should complete, not only will this ... you know what mortgagepayment you can comfortably afford. Second, you will have to prove the ability ... Read more
If you are patient it is possible to get a good investment property out of a ... sales and the bank may be reluctant to take more of a loss then they need to. And, if they can't take a ... Read more
Rosalyne, I am guessing here, as you have not provided a lot of ... that are in foreclosure and telling you that if you takeoverpayments they will rent it to you. If this is correct let me ... Read more
What's stopping you?????????????????????? Tony Vega Paul,If you ... associated with transfering the loan to another party. The lender that holds the mortgage is the first place ... Read more