www.HelpYouSellUSA.net What is a Mortgage Assignment? The sale of a home where the loan(s) are assigned to a buyer in exchange for the deed (ownership). Although virtually no loans are “assumable”, anyone can make payments on anyone else’s mortgage and as long as those payments are made, the lender will consider the loan to be performing. In a Mortgage Assignment Sale, the buyer agrees to make payments on the seller’s mortgage going forward in exchange for ownership of the property. What is the Profile of a Typical Mortgage Assignment Candidate? Has a difficult to sell home — due to the home having little, no, or negative equity, or simply a home that is a hard to sell size, in a bad location, or a home in a down market, etc...
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Discusses situations where sellers might have to pay money to sell their home. Discusses how to select alternative strategies that may save the seller money.
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Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!. Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other pe… More >>
Cheryl Scott-Daniels of ERA Select Homes in Westport CT explains the difference between short sales and foreclosures. As a Certified Distressed Property Expert, Cheryl Scott-Daniels can help you avoid foreclosure.