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View Full Version : Can I sell their home?


msvirgogrl
09-02-2008, 06:45 PM
I potential client wants to know if they can refi and then put their home up for sale a few months later. Is this possible?

Codythebest
09-02-2008, 06:52 PM
Of course, no problem, if they are the owners. They might have to pay a pre-payment penalty, but other than that, no problem...

Mike Taylor
09-04-2008, 05:03 AM
Technically it is no problem at all. I can tell you in reality the bank and/or the loan officer is not going to be too happy about it. If they are going to use a mortgage broker, I would suggest being upfront with them about their intentions.

msvirgogrl
09-04-2008, 01:13 PM
Thanks for the replies. I will pass on the information.

austinki
09-07-2008, 02:43 AM
I doubt they are doing this but just in case. If they get an equity loan and then try and do a short sale the bank will probably not look to kindly on approving the short sale.

keystone45220
09-07-2008, 04:12 PM
We have used Matt Painter and Mitch Painter to sell our apartment buildings and some homes in the past. The have done an outstanding job and really go above and beyond.