Posted on: 24th May, 2010 05:30 pm
I only owe $35,000 on my loan but the town I am living now is very hard to find a job so I have to move I have been told that I can ask for an exchange of houses but I would like to know if this is possible and if not what other options do I have.
Hi claudiabuelna!
Welcome to forums!
I don't think it will be possible for you to transfer the mortgage on a different property in a different state. You will have to sell off your present property and purchase a new one in the state where you are relocating.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I don't think it will be possible for you to transfer the mortgage on a different property in a different state. You will have to sell off your present property and purchase a new one in the state where you are relocating.
Feel free to ask if you've further queries.
Sussane