I'm wholesaling a property. Have a cash buyer, who happens to own a mortgage company. The property still has a note on it, & he wants to assume the note.Has anyone ever dealt with this before?
What process is it to add someone to a mortgage note, or have someone take over a note?
What are the qualifications for an assumable HUD loan? I have ran across a multifamily complex and the owner states thay have already went through the HUD process and the HUD loan is assumable. He didn't know specific...
hey people a question - do you have any way of knowing, even approximately, how much equity your lead has in his property?after you finding out his purchase price, what mortgage he got, refinanced or not - is there an...
I am a field service rep and I spend all day talking to people that are behind on there mortgages or inspecting vacant houses. My question is if I have someone that is months behind on there mortgage payment and has a...
For some background info I just closed on my first home using a VA loan . I’m currently house hacking and mortgage is covered and then some . I have a coworker who is eager to sell her townhome and she is willing to h...
How does one go about assuming someone's mortgage with a better interest rate when purchasing a property?
I've been drawn to some B-C class townhomes in the greater Birmingham AL area and I am wondering if this place is a deal or not. The area is prime for growth and property appreciation. The townhome is a 2 bedroom 1.5 ...
So my grandmother is 80 years old and just stopped working officially last week.She owns a home and stills pays a mortgage on the property and since shes no longer working,does not have the means to pay her mortgage a...
I have a property under contract for $300k. I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed. The title company doesn't seem to be as familiar with these types of transact...