Posted by Jon Richards on December 19, 2002 at 23:39:12:
The answer is yes, you get a net check for your equity.
Jon Richards
NoteWorthy Newsletter
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NEWBIE/ HELP!! - Posted by D.E. in N.Y.
Posted by D.E. in N.Y. on December 18, 2002 at 12:21:30:
DOES A MORTGAGE GIVEN BY A BANK GIVE THE SELLER A CASHIERS CHECK. SO HE GETS ONE LUMP SUM MINUS WHATEVER TAXES, PREVIOUS MORTGAGE,ECT…?