Whatever the arrangement you have listed on your deed is what you will have to deal with when your relationship breaks up.
We Buy Houses | Columbia County PA: With a title held in joint tenancy, neither party can sell the house without the permission of the other. This is the most used type of multi person title. This assures that if one party passes away, the other has rights to the house as the survivor. It must be listed as joint tenants with rights of survivorship. While both parties are alive, one cannot sell the house without the permission of the other.
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Selling a House with Multiple Owners
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” When the foreclosure is in process, you can still sell the house and pay the lender the balance owed on your mortgage.”
We Buy Houses PA: The possibility of losing your house to foreclosure can be stopped by selling it quickly. Real estate investors are able to buy your house quickly so you can repay the lender and start fresh. When the deadline for catching up isn’t met, the lender must begin the process to take the property back from you since you can no longer pay for it. [..read more..]
“Real estate investors may be able to buy your house from you and discuss the situation on your behalf with the lender.”
Sell Home Fast – Northumberland County PA: A direct contact with your lender may be wiser than attempting to get an elusive Federal loan modification if you are having trouble with your mortgage payments. Try your other options first.Many applicants have discovered that after waiting and cooperating throughout the process, they end up being turned down right before their foreclosure period is up and they end up being evicted for default of their loan.