Tag Archives: house

How can I sell my house and property fast if I run out of cash?

I have several houses located on 33 acres. All paid for. No liens against it. I am in a serious cash crunch and soon to run out of it. What are my options? The place has been up for sale and the price dropped by more than half but still no takers. Any advice by someone who has been in this situation would be appreciated. Thanks.

I purchased a commercial property with a separate small house about a year ago, can I sell the house now?

the small house sits on its own property. The bank had it listed for sale separatly from the business we bought, even tho the utilities are attached to our business. We bought the entire property out of foreclosure, so the bank tossed in the small house. It is not listed as separate property in the paperwork. We now want to sell the small house and apply the money to our business. The bank doesnt seem to want to let us do that, they avoid the issues..They knew we wanted to sell it from the beginning, but now, act like its up to them.. We want to know if we have the right to sell this property anyway. And does all the money HAVE to be applied to the property ..thanks…

What happens to the mortgage on our existing house if we use a bridge loan to purchase a new house?

If I use a bridge loan to buy a new house, what, if anything happens to the mortgage on our existing house? Are we then responsible for our first mortgage, bridge loan payments and the new morgage? What is the benefit (other than obviosly being able to purchase the new house) of that?

If I rent my house out do I notify anyone Im no longer eligible for homeowner property tax exemption?

I currently live in my own home and on my property taxes I have the $7000 home owner exemption. I bought another home in another state and will rent out the current home. Am I suppose to notify the assessor that I no longer live in my current home and forfeit the $7000 home owner exemption, or do I just tack it on my income taxes?

Can I sell my house if I owe back property taxes?

The mortgage on my house is paid. Due to a stint in unemployment and now being seriously UNDERemployed, I have not been able to pay property taxes, as the county wants half of what is owed before they will set up a payment plan. Yeah- I don’t have that sort of money lying around, nor can I get a loan to pay off those taxes. Can I sell my house in this situation, or can buyers go over my head to buy the house from the county for the amount of taxes owed?