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selling partial property

Posted on: 05th Nov, 2009 12:14 pm
I have lived in my house on 1 acre for 12 years. I still have a mortgage. I want to sell 1/2 of my acre to a friend. can I do this ? I have been laid off of a 10 year job and need the cash because I cant find another job
If the mortgage company will do a partial release of that section of land and it doesn't affect the value of your home or how much you owe on your note, then you can.
Posted on: 05th Nov, 2009 01:18 pm
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