Deltona, FL asked in Real Estate Law for Florida

Q: I wanted to know can I sell my son and his wife my home and hold the mortage without thm quilflying

the house is in my name and I hold the mortage they are living with me helping make payments

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1 Lawyer Answer
Robert Jason De Groot
Robert Jason De Groot
Answered
  • Deltona, FL
  • Licensed in Florida

A: What you need to do is go see a real estate attorney about this. The mortgage company "holds" the mortgage, and I think you have this mixed up a bit. They would have to qualify for thier own mortgage if they were to buy the home from you, unless you own the property without a mortgage and are willing to "hold" a mortgage from them.

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