Legal Question in Real Estate Law in Pennsylvania
i sold my house to a broker .he took over my mortgage payments .is this legal
1 Answer from Attorneys
Unless the mortgage company consented in writing to the transfer and released you from your mortgage obligations, with the broker assuming the mortgage, you are still totally liable for the mortgage. In fact, the mortgage company may require you to pay the entire mortgage amount on demand, because without that written consent, you were not permitted to transfer the house.
However, it is not illegal, as in criminal. It just violates the promises you made in the mortgage.
This response is not legal advice, since I do not have all of the information that would be required, and I do not have a representation agreement with you.
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