Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

Taxs and mortgage

Author Message
Icon Mini Profile howaboutit99





Joined: 27 Nov 2010

Posts: 18

5.07 Dollars($)
Post Posted: Mon Mar 21, 2011 2:04 pm    Post subject: Taxs and mortgage
Like 0
Dislike 0

If you buy a property for taxs in the state of mississippi and it has a mortgage on it ,who pays the mortgage , the owner or the person that bought it for taxs
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10430
Location: Alaska
984.35 Dollars($)
Post Posted: Mon Mar 21, 2011 9:02 pm    Post subject:
Like 0
Dislike 0

Hi howaboutit!

Welcome to forums!

The person whose name is mentioned on the mortgage docs will be liable for paying off the mortgage dues. However, as you've bought the property, you should refinance the loan in your name and pay off the mortgage on a regular basis.

Feel free to ask if you've further queries.

Sussane
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights

Bookmark this page

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators

     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools

Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (252)











We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.060 seconds.