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Take Over Mortgage Payments

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  1.  
    True or False? You can take over mortgage payments for someone in pre-foreclosure wihtout having to qualif ...
    YES YOU CAN! Any loan can be taken over AND the property can be deeded over ... even take over their payment and switch the deed, but that may trigger the due on sale clause which may ... Read more
    Answered Tue Nov 17 2009, 13:10 by Randy Stevens, Home Buying in Concord
  2.  
    True or False? You can take over mortgage payments for someone in pre-foreclosure wihtout having to ...
    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
    Answered Mon Oct 27 2008, 11:25 by Keith Sorem, Home Buying in San Antonio
  3.  
    Is it a good idea to take over the mortgage payments from a house that is in danger of foreclosure?
    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 take over payments on a home ... Read more
    Answered Tue Mar 17 2009, 15:27 by Oc Buyer, Home Buying in Santa Ana
  4.  
    Is it safe to take over someones mortgage payments?
    That is a load3d question. I would make sure to do a search and hold title and ... . There are investors and buyers that do "take over mortgage payments" though. This is often call buying "subject to ... Read more
    Answered Wed Oct 1 2008, 11:10 by Scott Godzyk, Home Buying in San Diego, CA
  5.  
    I bought my home for $400k in 2007. Due to a divorce, I am considering selling t...
    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
    Answered Wed May 20 2009, 05:03 by Starting Over, Market Conditions in Chicago
  6.  
    What are the legal considerations a Canadian should be aware of when buying a...
    Hi Shelley,You may want to contact a Mortgage Broker in Arizona and ask if they are familiar with ... Read more
    Answered Wed Apr 30 2008, 12:40 by Lucill Alkabir, Home Buying in Tucson, AZ
  7.  
    Three rental properties in Youngstown that we are looking to sell. Two have...
    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 take over ... Read more
    Asked Thu Oct 8 2009, 12:25 by Ob09, Home Selling in Ohio
  8.  
    Drawbacks to renting a preforeclosure?
    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 "take over the payments" informally then you ... Read more
    Answered Mon Feb 9 2009, 13:29 by Help, Rental Basics in Austin
  9.  
    Take over mortgages?
    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 take over a loan that is in default. All ... Read more
    Answered Thu Jan 29 2009, 22:46 by M Soliman, Foreclosure in Los Angeles
  10.  
    Taking over payments in Bakersfield, CA
    Most lenders wont allow a person assume the loan, are you going to make direct payments to lender, tax, ... Read more
  11.  
    can you take over someones mortgage payment and become the owner of the property?
    You can, if the current mortgage lender lets you legally assume the mortgage. I ...
    Andre,Karen is Correct yo can only take over the mortgage and ownership IF the current owners ... Read more
    Answered Sun Mar 8 2009, 06:28 by Jose Castillo, Home Buying in Miami Beach
  12.  
    CAN YOU TAKE OVER SOMEONES PAYMENTS?
    Assumable mortgage you mean? Sean Dawes
    Has there been an article ... in national media... you are 10th prerson who asked same question today !. Take over someone payment ... Read more
    Answered Thu Aug 13 2009, 22:55 by HHI Investing, LLC, Home Buying in Concord
  13.  
    Can you take over payments with bad credit?
    Hello,Do you mean take over someone's mortgage? If it's an assumable loan then you ... Read more
    Answered Sat Oct 3 2009, 02:09 by Sky Minor, Foreclosure in Los Angeles
  14.  
    Is it possible to find a home owner who is in default but not in forclosure who's payments who's loan ...
    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
    Answered Wed Jun 10 2009, 16:27 by Bob McClure- Mortgage Origination, Home Buying in Turlock
  15.  
    I want someone to take over my mortgage?
    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
    Answered Sun Jul 5 2009, 07:29 by Hannah Fliegel, Moving in Ann Arbor
  16.  
    How do you select a mortgage professional?
    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
    Answered Wed Oct 21 2009, 05:49 by RansomPM, Financing in Seattle
  17.  
    When should someone get preapproved for a mortgage?
    This is the very first step a home buyer should complete, not only will this ... you know what mortgage payment you can comfortably afford. Second, you will have to prove the ability ... Read more
    Answered Sun Jun 22 2008, 13:54 by Tom Berg, Home Buying in Seattle, WA
  18.  
    Are short sales a good investment?
    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
    Answered Sun Sep 28 2008, 21:24 by Kary L. Krismer, Home Buying in Seattle, WA
  19.  
    What does it mean to take over the payments on a pre foreclosure home?
    Rosalyne, I am guessing here, as you have not provided a lot of ... that are in foreclosure and telling you that if you take over payments they will rent it to you. If this is correct let me ... Read more
    Answered Mon Sep 21 2009, 20:45 by Br, Home Buying in Sacramento
  20.  
    I want to take over house payment in Irvine CA
    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
    Answered Fri Jul 31 2009, 20:55 by Connie Bramble, Home Buying in Irvine
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