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can i get a mortgage approved on a home where the seller is a payment behind and unpaid taxes to be paid at closing

by Carmen Scott from Greenwood, South Carolina. Aug 12th 2014 Reply


Chris Gummerson (cgummerson11)
#397 ranked lender in California - 648 contributions

Yes, the late payment will be reflected in the loan payoff, and the taxes will be added to settlement to bring them current.

Aug 12th 2014
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,652 contributions

If your purchasing a home and the seller is behind on payments and taxes, it shouldn't be a problem if the proceeds from the sale are sufficient to pay all outstanding liens.. if the home is not worth all that is owed, then the seller could ask their lender to allow for a "Short Sale" . This is when a seller sells their home for less than what is owed, and the lender accepts the short proceeds as payment in full and releases all interest against the property. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Aug 12th 2014
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,895 contributions

We do not care about the sellers situation when giving you a loan.

Aug 13th 2014
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Scott Campbell (Scotty)
#47 ranked lender in South Carolina - 11 contributions

Sure can. I'd love to help.

Aug 12th 2014
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Scott Campbell (Scotty)
#47 ranked lender in South Carolina - 11 contributions

Sure can. I'd love to help!

Aug 12th 2014
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Randy Brown (rbrownmtg)
#31 ranked lender in South Carolina - 6 contributions

Sure. Give me a call. I'm in Columbia (803) 732-5787. Randy Brown NMLS 220626

Aug 12th 2014
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Randy Brown (rbrownmtg)
#31 ranked lender in South Carolina - 6 contributions

Yes, I'm in Columbia and will be happy to assist. 803-732-5787. Randy. Brown

Aug 12th 2014
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Todd Glassman (Todd Glassman)
#2 ranked lender in South Carolina - 119 contributions

Yes you sure can. If I can help gives us a call at 864-438-4550. We have been serving the SC since 1997.NMLS#228446

Aug 13th 2014
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