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Updated almost 4 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Patrick Eddy
  • New to Real Estate
  • Kailua, HI
2
Votes |
8
Posts

Moving out before 1 year

Patrick Eddy
  • New to Real Estate
  • Kailua, HI
Posted

Hey all,

My wife and I bought a property that we intended to occupy for 1 year but due to circumstances need to move but are willing to let it sit open until the 1 year mark.

Our mortgage broker of course does not recommend this route but has hinted off the record that this might be the best option for us.

Have any of you done this before and how did it go? Did you get your loan balance demanded in full? What are things to watch out for?

Thanks for the help!

Patrick

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