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Selling the Condo |
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I am looking to sell my condo and get a house. We have an FHA loan lined up for the house. However it appears that we are going to lose money on the condo. If we cannot come to the table with 100% of the difference what happens? Will we have 2 loans? |
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You cannot sell the condo unless and until the loan on it is paid off. If you can't do that -- better consult a lawyer to see where you stand on the contract to buy the house. |
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Edith
Originally published on May 20, 2008 |
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