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Home Buying: I am wanting to take over my sisters mortgage on. – So while it’s typical that someone buys a house (gets the deed) and ends up with a mortgage in his/her name, it’s possible for someone to own the house (via the deed) and someone ELSE to be on the mortgage. [If all you want to do is take over your sister’s mortgage and your intent is to leave ownership with your sister, then just start paying.
4 Ways to Pay off Someone Else's Mortgage – wikiHow – If someone you care for is falling behind on their mortgage or if you simply want to give them a gift that will last a lifetime, it is possible to pay for their mortgage. You can put down a large payment on the mortgage, either anonymously or not, or you can put someone else’s mortgage into your name.
Can you transfer a mortgage to someone else? | Yahoo Answers – RE Can you transfer a mortgage to someone else? Ok, the thing is that I’d like a relative of mine to take over a mortgage I have on a property. This house has a 30 yr fixed of 5.5% which is the reason why he wants to take it.
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How can I transfer a loan to someone else? Assumpt. – My question is: How can I go about doing this? assumption? refinancing? Something else? I’ve already contacted my mortgage company (quicken) and they said they will contact me in a couple of days to give me the details of assuming the loan – or if it’s even possible. In the mean time I want to know what info you guys can offer.
Can you deed a house over to someone else if you still owe a. – Can you deed a house over to someone else if you still owe a mortgage on the home? Question Details: I signed my half of the deed away when ex-husband paid me my half of the money but he failed to satisfy bank loan.
How to Take Over Someone Else's Mortgage Legally – Taking over someone else’s mortgage can help you get into a home when you might not otherwise be able to. It’s important to know the ins and outs of regulations related to that activity. You still may need to prove your creditworthiness in order to qualify to take over the mortgage.