2007-07-10 12:16:13 · 3 answers · asked by Loraine M 1 in Business & Finance ➔ Renting & Real Estate
This can be done if the seller is willing to escrow money at closing for the sole purpose of paying mortgage payments. Usually the title company or closing lawyer holds the money and makes the payments alleviating any income tax liability for the buyer. It is basically a seller concession much like setting aside money for repairs after closing.
2007-07-10 12:29:08 · answer #1 · answered by linkus86 7 · 2⤊ 0⤋
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2007-07-10 19:21:06 · answer #2 · answered by Anonymous · 0⤊ 3⤋
Your question is not clear. Provide more information for an appropriate response.
2007-07-10 19:19:28 · answer #3 · answered by acermill 7 · 2⤊ 1⤋