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View Full Version : Can you donate a house if you still owe on the mortgage?


cwgimg
Dec 29, 2008, 10:06 AM
I would like to donate a house to charity, but we still owe on our mortgage. Is it still possible to donate?

NeedKarma
Dec 29, 2008, 10:11 AM
Nope, you can't give away something that isn't yours, it has a lien.

THISISIT77YEAH
Nov 3, 2009, 09:11 AM
I admire the spirit to give, one can not give what is not their's to give.

Stratmando
Jan 10, 2010, 09:14 AM
You may be able to Donate the Mortgage.

calebperrin
Jan 3, 2011, 08:14 PM
You could sell the house for the exact amount of the mortgage to the charity and in effect give them your equity