2006-10-09 07:55:39 · 7 answers · asked by jrteter2 1 in Business & Finance ➔ Renting & Real Estate
you pay it and the first mortgage off along with a lot of different fees then you get whats left which usually isn't much.
2006-10-09 07:57:02 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This needs to be paid off upon completion as does your first. Because the mortgage is secured on your home.
2006-10-09 07:57:25 · answer #2 · answered by shevlad2004 2 · 0⤊ 0⤋
all mortgages on the house need to be paid off before you sell the house
2006-10-09 12:06:50 · answer #3 · answered by bianca 4 · 0⤊ 0⤋
Whoever gave you the loan, takes back what you owe them, plus early settlement fee, from the proceeds of the sale.
2006-10-09 07:57:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
All leins against your property must be settled before ownership is transferred.
2006-10-09 07:56:45 · answer #5 · answered by Jenyfer C 5 · 0⤊ 0⤋
You pay it off.
2006-10-09 07:57:18 · answer #6 · answered by auskan2002 4 · 0⤊ 0⤋
let me know if you want to refinance it.
2006-10-09 08:00:11 · answer #7 · answered by ondreforsure 3 · 0⤊ 0⤋