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 I'm selling my house and only getting about $1400 out of the sale...?
In 2004, I purchased my first home. I was recently divorced, and took a loan that didn't include taxes and insurance. In 2005, I refinanced to include taxes and insurance, and also paid off my ...


 Mortgage help please, how much per month?
can someone please tell me know much this will be per month

our home will sell for £180,000
we have £61,000 mortgage left

house we want to buy is £229,000
over 19...


 My landlord is demanding I mail my payment. Can she do that?
My landlord, who lives a few miles from me, is now demanding I mail my rent payment to her. I did have a returned check last month, so now she will only accept certified funds. In that instance, I ...


 I'm moving to Fl for school, me & my bf want to buy a house together?
Only myself will move to Fl and live in the house. But my bf wants his name to be in the tittle too. We will split in half to put down payment, monthly payment, bills, etc... Of course we will have ...


 Can a family with small Children be evicted in Winter months in Vermont?
A friend of mine has fallen behind on his rent,due to unexpected unemployment. He has started working again but is being threatened with Eviction. They have a 2 1/2 year old and a 11 month old living ...


 If you are an apartment tenant on a month to month tenancy, how much notice is required if they raise rent?
I moved into an apartment Aug 2005 and signed a one year lease. In Aug 2006 my lease was up and I was never asked to sign another one. I guess that means I've been a month to month tenant ...


 How old were you when you first started paying for your own residence?
...


 How do I get rid of my flatmate?
My boyfriend and I share a place with our flatmate. He's disgusting. He has his own bathroom and I am pretty sure it's been cleaned once since we moved in [we've been here 6 months], ...


 My landlord took my bed and gave me a single matteress?
He sold the flat and I have to find a place by April but the thing is, he took the furniture out yesterday including my double bed and gave me a single matteress to sleep on, not even a single bed, ...


 Letter from Landlord?
I Just received a letter from my landlord saying that after 35 years that he will be selling the building that I am living in. The lady on the 1st floor from me told me that they may be tearing down ...


 Who do i contact to get money for a house i want to buy?
...


 My rent checked bounced and I am now being held responsible for the landlords fee's from his bank? $470 WORTH
-THIS IS NOT IN MY LEASE
-I DIDNT SIGN ANYTHING STATING I WOULD PAY THOSE CHARGES
- I ALREADY PAYED THE FEE'S FOR MY CHECK BOUNCING AND OVERDRAFTING HIS ACCOUNT.
-I STAY IN A CONDO...


 Low income apartments and housing?
My fiance and i want to move in yogether but he makes 7.00 an hour and i make 7.75 an hour and were both in school is there any way we could get a place?...


 Trying to find owner of property?
...


 Noisy Neighbours,what would you do?
Hi everyone,i live on my own with my 8 month old baby in a house,ive just had new neighbours move in,they have been there about a month,they can be so noisy,they come in at 3 am banging around,...


 I just signed a contract for my new apartment. Normally how much it cost to break the contract? Thank you!?
...


 Does real estate agencies have services to help me rent my property?
I am in the military service, bought a new home and I have to move to another base. I dont want to sell my house and I would like to rent it. But I need more info on real estate agencies if they ...


 Any mortgage companies giving loans with a fico score of 550 and 100 percent financing for a house purchase in
philly, so far no go-i work in nyc for 12 years for nys and my brother also now wants to go in on the house-he works for nyc board of ed=dont know his score yet-i rent in philly for a year-think its ...


 I want to rent my house out. But this wil be the very first time for me to do this. What do I need to know?
WHet do I need to know? Where do I get this knowledge. I have no clue but I need to get out of this school district fast....


 Hi I am living in the UK. Doe's anybody can tell me where can I find this drug to buy and also how much is it
...



Amanda B
If i sell my home and purchase another home do I have to repay my mortgage?
                     
 




john n
Rating
Your joking , right?
What you call your home isn't actually your home until you've paid for ALL of it.
It would actually be fraudulent of you to sell your home without disclosing the fact that it's mortgaged.


KL
When you sell your home a title search will be conducted. The title will show all liens on the property. At closing, the liens have to be paid off in full before the title can be transfered to the new owner, so yes, your mortgage will have to be paid off.


Barbara
Do you mean if you sell your home with an existant mortgage, do you have to pay it when you sell? (that's what this sounded like). Sure you do....and get a new mortgage on the new home unless you can pay cash for it. Sorry if I misunderstood your question, but this is my answer :-)


Ricky J.
Rating
Yes that contract has to be satisfied and closed. This is usually done with the money you sell for. Any extra profit after that is most wisely invested in the new home in order to avoid the extra tax.


Janet P
Rating
Your question is sort of confusing. Are you asking if you can transfer your mortgage from one property to another? While I can see the appeal, low interest, the answer is no. Mortgages are not tranferable to differant properties.


aishwarya r
if you have mortgaged your house you cannot sell it without repaying the loan


mortgage help
yes


bostonianinmo
Rating
Of course you do!

You won't do it yourself, the closing agent will, but the debt has to be paid off.


Mt ~^^~~^^~
Rating
When you sell your home, if it isn't paid off, or not free and clear, you must take the money from the sale of the House and make sure it pays off your mortgage for the old house. What you have left you can apply towards your new houses down payment or new furnishings!.


mrhoppy22
Rating
You will need to expand your question? Because it depends on whether you plan too use the money from the sale one house to to fund the purchase of another. IE have you got enough income too fund two mortgages and the deposit on the second home. If not then no if so then yes.


Brian
Rating
You CAN transfer certain mortgages and thus keep the rate or arrangement you presently have. Check with you lender if your mortgage is "portable". I know this is right as I'm doing it myself to maintain my very good lifetime tracker rate I have at the moment.


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