Can I offer owner financing when I still owe money on my existing mortgage?

I am trying to sell my home. We owe approx. $75,000 on it and it is worth $82,000. We do not have enough equity in it to comfortably sell it with an agent and have to pay commission. We would like to offer owner-financing, as we feel we would be able to sell our house quickly that way and we have qualified through the bank to carry both loans. Is it legal to owner-finance our home while we still have the mortgage with little equity? Our current mortgage is an FHA loan. What is the best way to do this? Any advice would be GREATLY appreciated!!!

BEST ANSWER: Try this site where you can compare quotes:QUOTESDEAL.NET

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I am looking at a red 2007 Honda Shadow VLX. I'm a 21 year old female, I'm on State Farm with my car, living in Lake Charles, which is probably one of the bigger cities in Southwest Louisiana. Just wondering what average cost might be to insure this bike. Like, minimum or if it's totaled. I only have one speeding ticket from a year ago on my record I believe. Thanks!

Need help about car insurance?

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WHAT CAR INSURANCE COMPANY IS THE CHEAPEST IN NJ?

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Health insurance for college students?

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I'm 19 years old, and someone totaled my vehicle. He got a failure to yield ticket and his side of the insurance accepted full liability. We both have USAA. I was driving a rental for 9 days and was informed that I'd be reimbursed by the other persons insurance. What they're saying now is that I'll be reimbursed for the amount for the vehicle, but not the young drivers fee I had to pay to acquire the vehicle. I feel as this is unjust because I had to rent a vehicle because of someone else's negligence, and I have no control over the fees charged to young drivers. So my question would be: Am I able to get reimbursed for the young driver's fee included with the rental?

Car insurance, what to do?

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Cars cheap on the insurance?

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what is the best insurance company for me for my area.

Cheap, affordable health insurance for a college student?

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Cost of car insurance in bc?

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Thought It should be normally include in the Car Insurance.

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What should I do regarding my auto insurance situation?

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'occasional driver' Car insurance?

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Cheapest Car insurance?

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Where can I sign up for just 1 week of health insurance?

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How much is a used car and how much is car insurances ?

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Do I need to get a SR-22 in Texas?

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Life insurances?

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Can I offer owner financing when I still owe money on my existing mortgage?

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Auto insurance?

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Automobile insurance coverage?

Automobile insurance coverage indemnifying insureds for damage to their won vehicles is a- collision b- comprehensive c- not available d- both a and b

How are illegal immigrants getting free health care?

I heard in a lot of debate about illegal immigrants and how they care free services such as health care. I became a U.S citizen two years ago and I've been trying to find cheaper and quality health care, but I couldn't. I researched free health care online, but can't find it. I don't have health insurance, so whenever I visit the doctor, I either pay upfront if it's about $200 or they send me the bills if its way higher. So how are illegal immigrants getting free health care?

What is the best source to compare the insurance costs for all model of cars and trucks?

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Is a $2,000 deductible 'affordable?'?

Obamacare: Is a $2,000 deductible 'affordable?' http://money.cnn.com/2013/06/13/news/economy/obamacare-affordable/index.html

Can insurance company tell you were you can have your car fixed?

I have had a few cases were a relative has been in an auto accident and I could have fixed the car for them and done a much better job but the insurance company tells them they have to take the car to a preferred body shop for the insurance to pay. Can the insurance company actually tell people were to get their car fixed now a days? Is there a way to get the money out of the insurance company so they can take the car and have it fixed were they want the car fixed?

Cobra or individual health insurance?

If I loss of group health insurance due to end of employment, but the company offers Cobra plan which is too expensive for me, can I get the individual health insurance or I have to stick with the Cobra plan? I live in NJ.

Disability Insurance Questions?

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Can i combine all of my insurances into one payment?

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How much would insurance be for a 16 year old in GA?

I'm 16, I own a 2005 Chevrolet Cavalier LS Sport- 2 door, live in Athens, GA, drive less than 7,000 miles annually, drive to and from work and school 5 days a week... haha. I just want to know how much it would be monthly for car insurance on any of the companies. Any help would be appreciated. :)

I need affordable pet insurance for my dog any suggestions. I cant pay more than 20 monthly right now?

On Average, how many dollars per month would a 2 pt ticket add to my monthly insurance?

If you have gotten one please tell me, I just want to see around how much they add :D

Ontario motorcycle insurance help?

im a 17 year old male wanting to get my m1 and buy a 1985 yamaha virago, and i really don't know where i can insure it for cheap because of the year most insurance places in ontario wont insure it, id have the Absolute bare minimum so it would be cheapest. please help

Would insurance consider a 6 cylinder Pontiac grand am/prix a sports car?

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What does 20/40/15 mean on auto insurance?

Does home insurance cover acidental damage?

I acidently spilit water on my laptop and broke it. Would home insurance cover this?

What is the best individual insurance for a pregnant woman?

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How do I fight an auto insurance company's liability decision?

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What car insurance suits me best?

i am going to be in san diego during the fall quarter, from august to december. i am a 21 years old italian male with three years of driving experience and no accidents in the past. i only have the italian passport. is there any way that i can keep both my kidneys and still be able to pay an insurance for that period? does it necessarily depend on the car? thank you very much folks!!!

Why are insurance companies restricted from selling health insurance to anyone?

Why would any state decide not to let an insurance company compete?

How does insurance work?

How does insurance work? like im really not sure.. do you pay into it every month?

Cheap Cars & Car Insurance? Help Advise?

I passed my test yesterday - with only one driving fault. i'm now looking for a cheap car and insurance? I'm 20 years old. also is it worth doing you pass plus as I've heard it lowers your insurance but then I've heard insurance goes up?

Where can I get a very good insurance quote?

I'm looking for full insurance coverage on a Toyota Camry LE. 2005. In Ca

Can I offer owner financing when I still owe money on my existing mortgage?

Can i get my parents Life Insurance?

Were can i get life Insurance for my parents? Im gonna be a Lawyer and they get good money. Also i want my parents to leave me money when they pass away. Im gonna be happy with money. I live in the Bay Area. what is the most that life insurance could give you? How much will you pay a month for the highest one?

Do I need car insurance to drive someone elses car?

I got my license about a month ago..I'm 16 years old, going on 17 soon. I was wondering if I need to have my own car insurance in order to drive someone elses car? Their car is insured, however, I don't have my own insurance yet. Thank you!

What are non-required auto insurances?I need information?

I need information about 4 non-mandatory vehicle insurances. 10 Points for the Best answer!

Cheap health insurance?

anyone know of any cheaper health insurance (maybe like $ 50/mo) i am a single student. i know my school provides insurance in case of emergency. but i am looking for something to help cover my prescriptions & doc visits.

Do you think car insurance should be mandatory in all of the United States?

I live in Wisconsin. Car insurance is not required for cars trucks and anything else on the road. I think this is wrong with medical and car repair bills being so expensive these days. Worst part about it is some of these non insured people drive like lunatics and if they do hit you they have nothing to even sue them for. I think it's disgusting.

Who has the cheapest auto insurance policies in Pennsylvania?

I'm purchasing a '97 GTI VR6. I don't have insurance, because I currently own no other vehicles. What would everyone recommend as far as a decent and affordable auto insurance policy? I'm 19 years old. No accidents and no tickets of any sort. Thanks in advance!

How do I save on auto insurance?

I want to save on auto insurance.....what factors can lower your rate? I need to know things such as an alarm, and kept in the garage, but what other factors can help me getting a low rate? Thanks everyone

Who offers the cheapest auto insurance?

Receive workers comp benefits disabled age 62 can i received medicare or any supplement to health insurance?

Which is best insurance scheme Home loan insurance or Life Term Insurance to protech Home loan?

I am having Home loan 20 lacs and would like to protect the risk. Could you suggest which is best insurance scheme Home loan insurance (Protecting home loan alone) and Lime Term Insurance (protecting like not home loan). I want to know the premium which one is lower and benefit one?

Car Insurance in CA with AZ vehicle?

Ok so I have a multi part question. My dad is about to get his car reposed. He lives in Phoenix AZ and obviously bought the car there. Its not under his name yet cause hes still paying for it. So he wants me to take over the payments and give me the car. I live in Los Angeles. So my question is, can I get insurance here in Cali even though its a AZ car and its still under the peoples name? If not, he can get insurance there. Also, isn't there a period of time an out of state car can be here being out off state still? What should I do? I don't want to get all sorts of fines or tickets. Thanks in advance

Individual eye insurance?

I am needing eye insurance for individual. Do you know any?

What size alloy wheels will change the insurance of a car? (read details)?

right i've been looking at cars to buy for ages now and as I'm a seventeen year old boy insurance is ridiculous as it is. Finding cars that i can afford to buy and insure is hard. I have found a few 'perfect' cars, however a couple of them have alloy wheels instead of the standard manufacture ones. I will quote my insurance website so you can help me out: Replacement of factory fitted wheels with Alloys of the same size this doesn't alter my insurance quote one bit. Replacement of factory fitted wheels with wheels / tyres of a non standard size or specification This means i cannot get insured at all; they won't have me with them. So my question is, if a 1998 Peugeot 306 has 16 inch white wolfrace alloys, does this mean i can't get insured or not? This might be a stupid question, just want to get it right, thanks for you time, means a lot Alex.

What is the cost of the insurance for the car i want ?

I want a Suzuki Ignis 1.5 sport im just about to start driving wants the insurance going to cost ?

Where can I purchase affordable dental insurance that is effective immediately?

I would like to get braces or Invisilgn=]

Can a ticket for no insurance be reduced?

Friend of mine got a ticket for no insurance 9 yrs ago.....i know long time......but after all this time is there anyway a good lawyer can.get the ticket reduced to a lesser one?

How much for mobile home insurance in California.?

I'm looking into buying a mobile home in California. I was wondering how much the average annual premium would be. The value of the home will be around 40-70k, the coverage isn't all that important for this is only temporary, but I would like a little bit over the basic. I know it is hard to give an estimate off of the top of your head but anything helps. Thanks!

Cars that are cheap to insure in UK?

hi im 18 and just passed my driving test. i looked for cheap insurance for my dad's wv golf but cheapest route i found was around 2500. i was wondering what cars are cheap to insure!?

How much is your car insurance?

I don't want to sound personal but I am wondering what everyone pays in car insurance. I happen to live in Michigan which has the highest car insurances rates in the country. I am planning to move soon and was wondering how much people are paying across the country. Please don't feel a need to give me the exact number, a range is fine. Also, please tell me the car type because I know that matters. Again with car type you don't have to tell the car. Example if you drive a 911 Porsche you could say, 2 door, luxury sports car. Any other information would be greatly appreciated, thanks!

Where can I find test on life insurance?

I'm thinking of selling life insurance where can I find the best materail for a study guide?

Is $1,600 per year full coverage insurance good??? I'm 19?

Hi guys, so I'm getting my mom's car in September. My insurance quote turned out to be $1,600 per year, or $133 per month. I'm 19 and I will be driving a 2005 Lexus ES 330. Is that insurance quote too expensive?? To little? Or around average. it's FULL COVERAGE insurance. Best answer gets 10 points!!!!!!!!!!!!!!!!!

Cheapest car insurance for an 18yr old with 1 yr no claims?

Help with auto insurance?!?

So, I'm 17 and just recently bought my first car (2000 Dodge Neon), but I'm unable to drive it due to the lack of car insurance. I'm getting reeaaally frustrated because I don't know where to start! There's so many policies... I'm also running on a budget, so a cheap policy would be awesome. Any suggestions???

How much would be the insurance in these cars?

im almost getting my license and i havnt really mentioned any of the cars I want for my first... IM sharing the car with my brother and he has a 3.1 and i have a 3.6... i dont know if you neeed to know that but whatever. My parents are going to say to the insurance people that this is their car that we get to drive every one in awhile so the insurance is cheaper.... but these are the cars a want to know.... 1998-2002 pontiac firebird v6 1998-2002 pontiac firebird v8 1998-2002 chevy camaro v6 1998-2002 chevy camaro v8 1995-ish lexus sc300 v6 1995-ish lexus sc400 v8 2004 chevy avalanche the only reason i want to know what the insurance on these cars are because they are more on the sporty side and i dont want to look at these cars if they are reduculously expencive

How does a turbo affect auto insurance?

I don't mean the rates. I mean if I totaled my car, and let's say it's a newer car worth 15000$, the turbo was 3000$, and they wrote it off. Would they decrease the value for mods, increase it, or give me the same value?

Can I offer owner financing when I still owe money on my existing mortgage?

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