Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Can I SELL if I can't afford my Mortgage?

views
     
kelvinfixx
post Aug 20 2021, 10:21 AM

Regular
******
Senior Member
1,588 posts

Joined: Sep 2011
If you have the idea of cannot afford, I would suggest that you are not ready for it, and not to buy it.

You can sell a house anytime if there is demand and the price is right for both parties, but you have to factor in the cost of legal and agent fees too.

Renting is very different from buying it. Buy a property you need to have higher commitment and much more money.

Renting is 1 year contract, home loan is 30-35 years contract with bank and you have to pay interest too.


One more thing I will never loan with GF name in it.

This post has been edited by kelvinfixx: Aug 20 2021, 10:27 AM

 

Change to:
| Lo-Fi Version
0.0148sec    0.56    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 04:08 PM