Ask Experts Questions for FREE Help !
Ask
    arafel34's Avatar
    arafel34 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 27, 2007, 10:47 AM
    Want Out
    How do you get out of a mortgage?
    katieperez's Avatar
    katieperez Posts: 236, Reputation: 35
    Full Member
     
    #2

    Oct 27, 2007, 11:01 AM
    Sell the house.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #3

    Oct 29, 2007, 07:24 AM
    You need to pay off the original mortgage. Ways to do that include:
    1. Sell the house and use the proceeds to pay off the loan.
    2. Refinance without your name on the new loan - for example, if you are currently a co-signer on a mortgage with someone else, have that person refinance without you as a co-signer.
    3. If you have the assets - simply pay the loan off out of your pocket.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.



View more questions Search