Selling your home can be daunting if you’ve never done it before, and more so if you’re worried about complications like having a second mortgage on the home. The good news is, having a second mortgage does not prevent you from selling the home and does not make any real difference to the home-selling process.
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About the Author: The above Real Estate information on the how to sell a home with a reverse mortgage was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at [email protected] or by phone at 508-625-0191. Bill has helped people move in and out of many Metrowest towns for the last 29+ Years.
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Many buyers and sellers voice concern about whether or not their HOA is charging them a fair HOA transfer fee. While transfer fees are necessary to pay for the time and work involved in making sure the seller is released of his responsibility and the new owner is aware of his, there is the possibility that an HOA could try to take advantage of the situation.
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