I am a Canadian residing in the US planning to sell my real state property in the Philippines.
Reading the rules it seems you get half the value of the property if you sell it to the bank but you have no title. If you mortgage, you get the same amount, but still have the title. You could then sell the property to another player or unmortgage the property at some later point. Selling to the bank seems like a pointless option. Am I missing something?
LOOKING FOR PEOPLE WHO HAVE CREATED A REALESTAE LOAN FOR THERE PROPERTY
I would like to sell the main house and live in the coach house. Can I form an association between myself and the potential new owner without subdividing the property? It may be impossible to subdivide. thanks
5 acres, has a current home on it, outstanding 700k, value 430k. Can we sell 1.5 acres of it without having to give the profit to the mortgage company or a bank?
I bought a property from “X” company in Florida 2 yrs. ago for “X” amount of money. Today, the same company is selling the same type of property at $100,00 less. I understand the market value dive, but is that legal? I mean, is that fair, legal to so many of us that bought at a higher price? If this were Stocks in the Market I will understand…