I'm trying to sell my state loan house with no luck, can I sign it back over to the state?

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I'm trying to sell my state loan house with no luck, can I sign it back over to the state?

2006-12-09 14:12:29 · 2 answers · asked by dolly 1 in Business & Finance ➔ Renting & Real Estate

2 answers

I think that would be like reneging on your loan, which would have a bad effect on your credit rating. I'd check with the bank that holds the loan and see what your options are.

2006-12-09 15:43:53 · answer #1 · answered by Verka 2 · 0⤊ 0⤋

Yes U can but if U do you'll loose any profit it makes.Good Luck

2006-12-09 22:21:00 · answer #2 · answered by sugarbdp1 6 · 0⤊ 0⤋