SOMEONE IS OFFERING ME A "SANLA-TIRA" FOR HER HOUSE AND LOT. ANG SISTE, YUNG TITLE NG NASABING HOUSE & LOT AY NAKA-MORTGAGED PA SA BANGKO. WHAT'S THE BEST WAY TO HANDLE THIS.
1. DAPAT BANG BAYARAN NYA MUNA YUNG OUTSTANDING DUE NIYA FROM THE BANK THEN PA-TRANSFER KO YUNG ANNOTATION OF MORTGAGE FROM THE BANK TO ME...PARA MAY PANGHAHAWAKAN AKO IF IN CASE MAGDEFAULT SIYA NG PAYMENT SA BANK.
2. ANO YUNG KASUNDUAN OR CONTRACT SA GANITONG TRANSACTION.
The Legal Side of Real Estate
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MASTERS,
SOMEONE IS OFFERING ME A "SANLA-TIRA" FOR HER HOUSE AND LOT. ANG SISTE, YUNG TITLE NG NASABING HOUSE & LOT AY NAKA-MORTGAGED PA SA BANGKO. WHAT'S THE BEST WAY TO HANDLE THIS.
1. DAPAT BANG BAYARAN NYA MUNA YUNG OUTSTANDING DUE NIYA FROM THE BANK THEN PA-TRANSFER KO YUNG ANNOTATION OF MORTGAGE FROM THE BANK TO ME...PARA MAY PANGHAHAWAKAN AKO IF IN CASE MAGDEFAULT SIYA NG PAYMENT SA BANK.
2. ANO YUNG KASUNDUAN OR CONTRACT SA GANITONG TRANSACTION.
PLEASE ENLIGHTEN ME ON THESE. THANKS.