By Admin on Jan 13, 2009 in Renting & Real Estate
AndiG1 asked:
Have a $9500 second loan on house and would like to buy another. Need to sell the first one and getting rid of 2nd mortgage could make a big difference in it selling quickly. Any advice other than renting first home?
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Have a $9500 second loan on house and would like to buy another. Need to sell the first one and getting rid of 2nd mortgage could make a big difference in it selling quickly. Any advice other than renting first home?
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No. Mortgage loans are secured by, and tied to, the specific property lent on.
bud68 | Jan 16, 2009 | Reply
You need to talk to the bank and see if they’ll roll it over to the new house. They’re not going to swap a secured loan for an unsecured loan, though.
mbrcatz17 | Jan 18, 2009 | Reply
Hi,
I used “Credit Solution” to settle my mortgage.They managed to reduce my mortgage up to 58%.It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
Jennifer | Jan 20, 2009 | Reply