Forgotten Your Password?

Need to Register?

Question Icon

Can I sale my home if payments on mortgage are behind?

by mike6464486 from , Georgia. Jan 10th 2014 Reply


Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

Sure, you can sell anytime. However, your pay off on the mortgage will include the past due payments plus any late fees/penalties assessed.

Jan 10th 2014
2
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

So long as you remain on title and the property has not foreclosed, you can sell any time.. however if a foreclosure has started or a sale date has been set, you will need to see the home and have it closed and funded prior to the sale date.. If it looks like the time table will be tight, you can call your lender and let them know of your situation.. they would much rather you sell the home vs. them having to foreclosure.. communication is pivotal. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 10th 2014
2
0
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

As long as you are the owner, you can sell the home at any time. If you are behind, you will want to work with a good Real Estate Agent that knows your area to sell quickly so that the home does not end up as a foreclosure. Good Luck.~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Jan 10th 2014
1
0
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Sure... why not? As long as you are still the legal owner, you can sell your house. Even after a sheriff sale (in most states), you have a legal right of redemption - which simply means you can still sell the house as long as you satisfy the loan.

Jan 10th 2014
0
0

Has a sale date been set?

Jan 11th 2014
0
0
Subscribe to our news feed.