Can My Home Loan Be Transferred to Someone Else?

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Oct 2013, Sat

Importance of Loan Repayment in Transfer

One of the most frequently asked questions is whether, if a property is sold while a home loan is still active and not fully paid off, the person to whom the loan was granted will remain personally responsible for the repayment of the loan.

Loan Importance for Homeowners

In these stages, if the homeowner and debtor sells the property, which is under mortgage, to two or three people, or in other similar situations, they will remain personally responsible for the loan repayment in every case. If you are looking for expertise in detailed information and different subjects; Adana Emlak will always be at your service with its years of experience and expertise.