Comments on: Options available to ‘finance’ capital loss at closing of sale of real estate? http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate Tue, 11 May 2010 20:00:59 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: edco http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate/comment-page-1#comment-2327 edco Fri, 26 Feb 2010 16:09:59 +0000 http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate#comment-2327 If your question is how can I finance the portion of my mortgage that the sale wont cover, you're going to need to get a personal loan somehow BEFORE closing. Any liens on the property have to be resolved prior to or at closing in order for title to pass. No other options.<br><b>References : </b><br> If your question is how can I finance the portion of my mortgage that the sale wont cover, you’re going to need to get a personal loan somehow BEFORE closing.

Any liens on the property have to be resolved prior to or at closing in order for title to pass.

No other options.
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]]> By: trblmkr30 http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate/comment-page-1#comment-2326 trblmkr30 Fri, 26 Feb 2010 15:37:59 +0000 http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate#comment-2326 You will have to ask the lender if they can do a short sale or personal, unsecured loan if you wish to sell your home for less than what you owe on it. Those are your two options. If you're already under contract to sell your home, you'd better start making some phone calls ASAP and have your Realtor help you with this. Best of luck to you!<br><b>References : </b><br>I'm a licensed Realtor in Colorado. You will have to ask the lender if they can do a short sale or personal, unsecured loan if you wish to sell your home for less than what you owe on it. Those are your two options.

If you’re already under contract to sell your home, you’d better start making some phone calls ASAP and have your Realtor help you with this.

Best of luck to you!
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I’m a licensed Realtor in Colorado.

]]> By: lb_centaur http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate/comment-page-1#comment-2325 lb_centaur Fri, 26 Feb 2010 14:48:59 +0000 http://www.zo0om.com/realestate-properties/options-available-to-finance-capital-loss-at-closing-of-sale-of-real-estate#comment-2325 Read your mortgage lien. You probably need to pay off the entire balance at closing.<br><b>References : </b><br> Read your mortgage lien. You probably need to pay off the entire balance at closing.
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