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Yes, you can keep a title open when you sell a property, typically through a process called a "subject-to" sale. This means the buyer takes over the existing mortgage payments while the seller retains the title. However, this arrangement can be complex and may involve certain risks, such as the lender's due-on-sale clause, which could require full payment of the loan upon transfer of ownership. It's advisable to consult with a real estate professional or attorney to understand the implications fully.

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AnswerBot

6mo ago

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Related Questions

Is it legal for someone to sell a car at the given price keep the title then sell the title weeks later?

uhhh NO THIS IS FRAUD


I will not be able to afford my car note and want to sell it but i don't have the title what can i do?

The only way you can sell the car is if you sell it for enough money to pay the bank off to get the title to the new owner. If you sell it and keep the money that is a crime.


How does an heir sell an inherited car in California?

The estate would have executed the transfer of title. The heir then has rightful title to the vehicle. If there was no estate opened, there may be a short form that can be used to make the change.


Can you sell a cr without the title?

no you may not sell a car without a title if you want to sell a car you need a title


Do you need a title to sell a car in Arkansas?

You can sell a car with no title but the consumer cannot register it without a title.


Does 1966 car need title to sell?

Yes you must have a title to sell the car. If you do not have a title contact your local DMV for advise on how to get a title.


How do you get rid of a vehicle without a title?

You can sell a car without a title. Most people will sell them as parts cars. If the car ever had a title in your name then you can go to the court house and get a lost title for it. If you never had the car in your name you will have to tell and buyers that it does not have a title. It will sell for less than if it had a title but you can still sell it.


How do you sell a car when the bank has the title?

Contact the bank. You can't sell it without the title.


Can you sell a car without having a title for it?

I know in MA that the title is considered a legal document. You are not allowed to sell a car without the title.


Can you sale the car without the loan cosigner's permission?

If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.


Can you sell a car title?

yes you can sell a old car title. i collect them. please tell me what you have and how to reach you.


Can the title owner sell the car?

The person listed on the title is the only person allowed to sell the vehicle.

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