Legal Question in Real Estate Law in Florida

Can I sell my house with owner financing if I still owe a lender?


Asked on 1/13/11, 7:03 pm

1 Answer from Attorneys
Richard Kaplan

You must either pay off your existing mortgage at time of sale, or have the buyer legally assume your mortgage. I haven't seen an assumable mortgage in years, but it is possible.

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Answered on 1/19/11, 4:26 am


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