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    cwgimg's Avatar
    cwgimg Posts: 1, Reputation: 1
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    #1

    Dec 29, 2008, 10:06 AM
    Can you donate a house if you still owe on the mortgage?
    I would like to donate a house to charity, but we still owe on our mortgage. Is it still possible to donate?
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #2

    Dec 29, 2008, 10:11 AM
    Nope, you can't give away something that isn't yours, it has a lien.
    THISISIT77YEAH's Avatar
    THISISIT77YEAH Posts: 7, Reputation: 1
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    #3

    Nov 3, 2009, 09:11 AM

    I admire the spirit to give, one can not give what is not their's to give.
    Stratmando's Avatar
    Stratmando Posts: 11,188, Reputation: 508
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    #4

    Jan 10, 2010, 09:14 AM

    You may be able to Donate the Mortgage.
    calebperrin's Avatar
    calebperrin Posts: 1, Reputation: 1
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    #5

    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
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