Posted by Max-Va on June 08, 2006 at 14:30:18:
Your question is not clear.
When a property is sold and the mortgasge is paid off any remaning proceeds are given to the owner(s) on the deed. Whoever is on mortgage is not a factor as it is being paid off at the closing.
resolution of real estate - Posted by Anita
Posted by Anita on June 08, 2006 at 07:28:47:
If you have a mortage with two people sign one it( sisters).and the property is being sold. but three people paid on the mortage. by law do the property get split two or three ways? I’m thinking two ways because there was only two people that signed the mortage. and if not why?