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Updated about 9 years ago on .

Account Closed
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8
Votes |
149
Posts

Modify Wrap Around Mortgage

Account Closed
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Posted

Hello BP, i'm planning to do a wrap around mortgage in Malaysia but there some difficulty when it came to transfer the property title to the buyer, according to some attorneys i talked too. So here a thought before i asked my attorneys, is it possible to not transfer the title to the buyer until they paid off their "loan" to me and the seller loan, while still living in the property. It not a rent but they will be something like a confirm future ownership or book the property so i cannot sell it to any other buyer. 

What do you think?