View Full Version : Home ownership
gamonroy0526
Aug 27, 2009, 12:29 AM
I would like to know how to changing the ownership of a home because the payments and the interest rate are to high and would like to change home ownership to see if the rates will lower.
tickle
Aug 27, 2009, 02:16 AM
Gamonray, you don't change the ownership of your home because the interest rates are too high. What you need to do is re-negotiate your mortgage, if you have enough equity in your home, to make it more manageable.
Tick
JudyKayTee
Aug 27, 2009, 05:08 AM
Gamonray, you dont change the ownership of your home because the interest rates are too high. What you need to do is re-negotiate your mortgage, if you have enough equity in your home, to make it more manageable.
tick
I read this as OP not getting a favorable rate because of some circumstance, perhaps a bad credit report and wanting someone else with better credit to obtain a mortgage.
Of course, I've been wrong before.