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 Can my existing mortgage be transferred to buyer of my property ?		  New Topic  Reply to Topic
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Jabir
Starting Member



1 Posts
Posted - 23 April 2012 :  17:58:17  Show Profile  Reply with Quote
I am in a voluntary bankrupcy and have my property on the market.
Can my existing mortgage be transferred to buyer of my property ?

debtinfo
forum expert



2826 Posts
Posted - 23 April 2012 :  18:14:55  Show Profile  Reply with Quote
not normally, the new buyer would take out their own mortgage, the proceeds of the sale would pay your mortgage, i presume you have told the OR that you have the property on the market
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