0
Depends what country you are in. In England you can in principle use a house as part payment, and mortgages can be transferred. You should say exactly what you are thinking of, and where you live,
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the possibility for you to purchase a new home when you are upside down on your current mortgage?
Nothing prevents you, but you will have a hard time finding a home with the foundation where you will be expecting it.
Is your current purchase of a 10 year old house the part of current GDP?
No, selling an existing home is not counted in GDP, because nothing is being "produced". A NEW home sale would be counted.
Can you use home equity to purchase another home?
Possibly. If you have enough equity in your current home to do a "Cash-Out Refinance" or "Home Equity Loan" to pay the total cost of the new home, then the answer is yes. However, you cannot use the current equity in your home for a down payment on the new home. These loans used to exist (they were called "Bridge Loans"), but I am not aware of any lenders that offer Bridge Loans at this time.
If you purchase a new home prior to bankruptcy is your new home part of the bankruptcy?
Yes, of course.
Where can one purchase some amazing art for a newly bought home?
You can purchase amazing artworks for a new home from the Artful Home website. You can also get art for a new home online from retailers such as Amazon.
What is a hubbard?
Hubbard Clause Contingency A clause in a property purchase contract that protects a buyer from having to close on the purchase of a new home until they have successfully managed to sell their current home. Many sellers do not wish to accept these clauses in their sales contracts in case the sales contract doesn
What is a Hubbard contingency?
Hubbard Clause Contingency A clause in a property purchase contract that protects a buyer from having to close on the purchase of a new home until they have successfully managed to sell their current home. Many sellers do not wish to accept these clauses in their sales contracts in case the sales contract doesn
Where do you get an A?
You have the option to exchange/swap tiles, but you are not guaranteed that the next tile (s) your exchanging the letter for will be the letter A. If the question is referring to a missing tile, you can purchase a new set of tiles, at the link below.
A new home will have a service entrance with a minimal current rating of?
100 Amperes is minimum for a new home now'a'days
Where can one buy a new carpet online?
You can purchase a new carpet online from websites such as Carpet-Wholesale, Home Depot, and Rugs-Direct. You can also purchase them from home improvement websites such as Home Depot as well as Lowe's.
Does New Zealand currency work in the UK without exchanging?
No
When is the best time to purchase a new home?
It can be argued that there is never a best time to purchase a new home. Before doing so, it is best to make sure that one is in a good financial position.
