Quote:
Originally Posted by Challenger
However, the total consideration for your home , paid by the buyer, is the Sales price plus the remaining bond balance. Sounds like "six of one and a half dozen of the other"
|
It is not always a consideration and when it is it's doubtful that the seller will recover the full payoff. Sometimes it's only good for the buyer but not so good for the seller, other times it will work out.