Selling a house "subject to the existing mortgage" means that the buyer agrees to take over the seller's mortgage payments and assume responsibility for the mortgage. This can be an attractive option for both buyers and sellers in certain situations. Here are a few potential reasons why a seller might consider selling their house subject to the existing mortgage:
It's important to keep in mind that selling a house subject to the existing mortgage may not be the best option for everyone. It's a good idea to carefully consider the pros and cons and consult with a real estate professional to determine if this is the right approach for your specific circumstances.
Home Buyer For Cash LLC is a company that purchases, rehabs, and then sells houses at a profit. Offers are made to sellers based on market value and repairs needed. Home Buyer For Cash will do everything possible to bring forth the highest possible offer while at the same time giving seller the benefit of a fast sale with no repairs, cleaning, or work on their part.
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