|How to swap|
Sellers don't have to own free and clear
|Do you have a loan? No problem, you can still swap as long as you qualify for a new loan. Swapping works as simple as "I buy yours if you buy mine." read more...|
Did you know that....
|When swapping existing mortgages will be paid off at closing. Since property swap involves party A buying a property from party B party A's mortgage will be paid off from party B's proceeds, while party B's mortgage will be paid off from party A's proceeds. Because most transactions are financed actual funds are coming from the mortgage companies, plus equity that either party had, (if any).|