can i lease my home with option to buy while i still have a mortgage payment ?
this is in cal.im getting conflicting info. to some one else not to my self.
Public Comments
- You need to read your mortgage agreement. It may say that the home must be owner-occupied.
- Check your mortgage, many banks have a due on sale clause that includes rent-to-own.
- when you purchased the home you signed a deed of trust which was recorded. Read that deed of trust, since it limits the things you can do and outlines the things you must do. Therein lies your answer.
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