Posted by Kristen Guzman on January 05, 2001 at 24:54:38:
I have a house that was deed to me. It was not recorded, because I wanted to make sure that I could do something with the house. I now know that I can, but I have a liitle question.
They owe $118,900. The house is worth about, $130,000-$135,00 so I can make a decent profit on it. The problem is that they have an equity loan for $15,000, which they have agreed to pay to me evry month until it is payed off. How do I guarantee this??? Can I have the equtiy loan released from the property and be against the original owners??
Thank you for your help!!