When none of the conditions are changed, and no additional down payments are made, and simply the ownership (name) on the mortgage is changed (can be a company or individual). A mortgage application will be required prior to doing this.
About the Author: Craig MacDonald, CEO - RealAgents.com
Craig prides himself in living a life of integrity and connecting buyers and sellers to other like minded REALTORS®. He has over 15 years of experience in property assessment, sales (actively works as a REALTOR® with Mac Homes Inc.), business development, process improvement, marketing and home flipping. He holds a Bachelor’s Degree in Biblical Studies & Psychology, and has certificates in Leadership, Residential Valuation and Lean Six Sigma. Craig is a real estate salesperson with Mac Homes Inc. and is actively trading in real estate. More posts by Craig MacDonald, CEO - RealAgents.com
Not intended to solicit buyers or sellers currently under contract.
The REALTOR® Report: Insider Secrets on How to Find, Vet and Hire the Right Agent For You!
Discover insider secrets on how to find, vet and hire the right agent for you, even if you are a good judge of character or have bought a home before!