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

    Mar 19, 2009, 03:56 PM
    How to get out from contract to buy house (with a mortgage)?
    Hi,
    I live in Warner Robins, GA. I have an agreement/contract to buy this house from the owners over a period of 14 years making monthly payments. I have a mortgage on the house but would like to move out. How do I get out of the contract and rid of my mortgage? How long would the whole process take (approx.) and how soon could I move?

    Thank you for your time and consideration any and all help is appreciated.

    I have no idea where to start from and I really need to get out of this.

    Thank you.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Mar 20, 2009, 05:14 AM

    Hello Shy:

    You'll have to begin by telling us ALL the details... ALL of 'em.. Because we're missing something here...

    Most people who buy their house on contract DON'T also have a mortgage... So, you're going to have to explain why you do, or we're not going to be much help.

    excon
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Obligations on a mortgage contract. [ 5 Answers ]

My husband and I signed papers for a Clayton manufactured home,then a week and a half later,the title company called and said we had to come in and sign the papers all over again because of a mistake on their part.What I want to know is-does that mean the original contract is null and void? I am...

Contract for 2nd mortgage OK or not [ 2 Answers ]

I don't have funds to seek a real estate attorney to review a contract for a second mortgage. Is there any lingo that I would not want in a mortgage lien when I go sign the papers? The loan is a 10yr frm second mortgage from M&I bank in WI. Perhaps certain phrases in fine print that may make me...

Getting out of a Mortgage contract legally! [ 3 Answers ]

I have put Ernest money down and signed a contract to buy a house, since then (being Active duty they have changed my orders which will be 50 miles down the road and in a different school district for my daughter). Also, the builder has not kept up on the promise of being done by the end of June....

Mortgage Contract Binding? [ 3 Answers ]

My Mortgage broker contacted World Savings for a equity or re-finance loan on my home of 27 years in Sarasota. FL. I received in the mail 2 sets of documents from World Savings on Jan. 11, 2007, of the same. One said your Loan Documents... sign and return with a pre-paid envelope. Loan amount of...

Can I get out of a new mortgage contract? [ 1 Answers ]

I just recently signed papers to buy a house (35 days ago). But just discovered I was misled and lied to about the terms of the contract. The way they (mortgage broker and Title agency) explained the contract is not at all how it is. They totally lied to me in order to make the sale. Is there...

View more questions Search