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Search: "Larger house"

 
 

Asked 02/10/2008 01:28 pm CT (phoenix, AZ)

My Wife and I moved in to a town house a year ago is it possible to sell it and get a larger house? What if the amount of the homes around the area are lower than what we were loaned for? Can we apply the difference to the new loan???

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HI Tony, You will not be able to apply the difference of your current loan to a new loan on another ...

[ Total Answers: 1 ]

 
 

Asked 04/10/2007 02:18 pm CT (lou, KY)

Please tell me if I am in a situation that isn't right.It is this....A relative needed a larger house,but had to sell the house she had in order to get the house she wanted.Her house wasn't selling and so she said that I could move into the house and every monthly payment I made would go towards the house being mine.Of course the monthly payments are high,but the house is worth it and so now I am concerned that this house will never be mine,because I found out that in order for her to buy the larger house and get approved she had to put the house I'm in on the morgage of the larger house she bought.Now there are not two morgages,but one large one.So now the two houses are tied up in one package.I will never own this house like she said I would,will I?

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NOPE, doesn't sound like it, but if you would like to call me, I will get a few more details and we ...

[ Total Answers: 1 ]