This topic contains 1 reply, has 2 voices, and was last updated by 
Dock David Treece 2 months, 3 weeks ago.
- Posts
Hi Lynn,
Thanks for the question. Unfortunately, there isn’t a way for you to force the purchasers to pay off their mortgage early. IN fact, you are probably violating the terms of your own financing by having sold the house without having paid off your mortgage. Your only option at this point would probably be to see if you can entice your buyers to pay off their financing early in exchange for a discount, then use the loan payoff proceeds to pay off your own mortgage. That way you would be out of the property entirely and not responsible for taxes, insurance, or mortgage payments.
Hope this helps. Best of luck resolving this sticky situation.
Dock
