Donate SIGN UP
Home > Business & Finance > Reselling Your House

Reselling Your House

Avatar Image
smudge 11 | 15:05 Mon 18th Aug 2014 | Business & Finance
4 Answers
is there any circumstances when your mortgage company would buy your house back if asked to.
prev Cannot Live On Crumbs
  
next American Express, What's The Difference?
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by smudge 11. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image ubasses
As far as I am aware Mortgage Companies do not buy houses only lend people the money to do the purchasing. They would repossess if default on the Mortgage but would put it on the open market, sell, take what they are owed and give the owner the balance less any fees.














15:11 Mon 18th Aug 2014
Avatar Image Canary42
Very unlikely.
15:20 Mon 18th Aug 2014
Avatar Image factor-fiction
It's called repossession I think
18:40 Mon 18th Aug 2014
Avatar Image ToraToraTora
they won't "buy it back" as they never sold it. They may repossess in order to sell and get their money back if the morgage is defaulted on.
16:25 Tue 19th Aug 2014

1 to 4 of 4rss feed

Do you know the answer?

Reselling Your House

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.