Mortgage: Who Owns The House?

Mortgage Owns House - Politics, Business, Civil, History - Posted: 11th Mar, 2009 - 7:20pm

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Post Date: 26th Feb, 2009 - 4:43am / Post ID: #

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Mortgage: Who Owns The House?

Mortgage: Who Owns The House?

When you take out a mortgage who really owns MOST of the property: you or the bank?

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11th Mar, 2009 - 6:10pm / Post ID: #
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House Owns Mortgage

I always say that it is the bank who owns it until you pay off the mortgage no matter how much left you have to pay.


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Post Date: 11th Mar, 2009 - 7:20pm / Post ID: #

Mortgage: Who Owns The House?
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Mortgage: Who Owns The House? History & Civil Business Politics

Technically with your name on the deed or the title to the property you own the property. If you default on the loan the owner of the mortgage can take it away from you as the property is the collateral you used to get the mortgage.



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