Posts Tagged ‘mortgages’

When do people usually settle on the house they’re selling and the house they’re buying?

Wednesday, April 13th, 2011

Next year, we are planning on selling a condo and buying a house. We can’t move our things into the new house until we settle, but we don’t want to pay two mortgages. Also, the house is owned by a relative, so there may be some leeway as to when we can move our stuff [...]

What Happens if you want to sell a house you haven't finished paying for?

Sunday, July 4th, 2010

So I know nothing about mortgages or anything about that. Nice houses are so expensive, and through my odd calculations could take 10-17 years to pay off. What if I moved into a house and about 2 years in, I want to sell it. What happens then? Do I finish paying for it before I [...]

What happens if you sell your house below payoff?

Monday, October 12th, 2009

I am just wondering how the rest of the ends get tied up if I have to sell my house for less then I owe? I have to sell my house because renting it out would cost a lot in property management and higher insurance rate due to a pool. So if I sell the [...]

Selling my house – Can I refinance at the same time?

Sunday, July 26th, 2009

We put our house on the market a few months ago – no offers yet. We have since found a new house in another area (we have to move there for work). I would like to refinance our current house to lower the payments because paying two mortgages is not fun. Can I refinance if [...]