answersLogoWhite

0

They now have a house with a mortgage on it. If they cannot, or do not wish to, pay the mortgage, they will have to sell the house, pay off the mortgage, and keep the remainder of the money. The mortgage holder may require you to get a new mortgage on the property, rather than assume the existing loan. You are essentially leaving them what ever value you own of the house.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

How can you politely ask someone to leave your house?

You can politely ask someone to leave your house by saying something like, "I appreciate your visit, but I need to ask you to leave now. Thank you for understanding."


What is the word for someone who is scared to leave the house?

Agoraphobic.


What would someone leave at their partner's house?

purse, wallet, underwear,


What happens when you leave a voodoo doll at the cemetery?

i don't know , someone tell me please.


How do you politely ask someone to leave your house?

To politely ask someone to leave your house, you can say something like, "I appreciate your visit, but I need to attend to some personal matters now. Would you mind heading out? Thank you for understanding."


What happens if you leave your straightener on in the house for more then 5 hours?

you will most probibly burn your house down so turn them off x


How to get someone out of your house by the law in florida?

You need to provide more details. Are you trying to evict a tenant from property you own, or just make someone leave the house you're living in, or what?


What happens if you leave after someone has called the police claiming you hit their vehicle?

You're not there when the cops show up.


What is house arr est?

When someone is put on house arrest it is like being in jail. The only difference is that you are not allowed to leave your house. The consequences of leaving your house vary from person to person.


Where can you leave your dog?

Most people leave them at home if they are gone for a trip, but with someone to come and feed them every day. You can also leave them at a dog shelter or another family member's house.


How did you get injured?

If you leave the house. If you dont leave the house


What do police call it when someone is in your house and wont leave?

If he wasn't welcomed in, break-in-enter. If you welcomed your "guest" in but doesn't want to leave it could be considered as trespassing.