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Jan. 3, 2013 (SEND2PRESS NEWSWIRE) – Nine members of the Georgia Association of Business Brokers (GABB) helped entrepreneurs buy and sell more than. founder of the BUSINESS HOUSE, inc., of.
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Selling your property while in mortgage is a fairly common thing. Being in mortgage simply means you still owe money to your lender and have not yet satisfied your home loan. Typical mortgages run 15 to 30 years, and homeowners regularly sell their homes to move before loans are paid.
Top 5 Resale Killers Mortgage Masters Group Therefore, the answer is yes: a borrower can sell a home with a reverse mortgage at any time they choose, just like a traditional mortgage. When a borrower sells their home, they must repay the reverse mortgage loan balance and their lender will close their account.
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Not so dumb tax questions you’re too embarrassed to ask. Mortgage Masters Group You Ask, We Answer: How Do I Know If It’s a Good Idea to Refinance My Mortgage? Are you interested in paying less per month on your mortgage? Or perhaps you would prefer if your mortgage was paid off a couple of months – or years – faster? If you are a homeowner with a mortgage, one option that is open to you is refinancing.