Asked by William Numa, 02108 • Thu Dec 25, 2008
given the current financial climate, does trulia get involved with 1031 property exchanges?
specifically, i (almost) own a property out of state which i would like to exhcange for a property in massachusetts, as selling it is not an option. after i identify a property locally that appeals to me (with an owner who's interested in exchanging his/her property for mine) where can i find entities/individuals willing to finance the transaction (i.e. transfer the mortgage balance from my out of state property to massachusetts) with a resulting lien on my newly acquired massachusetts property approximating 50% loan-to value?
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