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Komentáre vypnuté na Can you gain access to the equity in your house by selling it to yourself?
I am sure many people are in a situation like this: I’ve owned my house for a while and now there’s a ount of equity in it which I would like to tap into. One option is to get a Loan or HELOC. Another is to refinance. But both involve credit scores, a mountain of paperwork, appraisals, inspectors, and whole load of other BS, and in the end I didn’t even qualify. Plus the equity isn’t free – the bank is really loaning me my own money and charging me interest. So I wondered why can’t I just sell the house to myself? I’d be happy to buy it for the higher price – assuming it appraises. The mortgage company shouldn’t care since they know i’m already a good borrower. I asked my realtor this question and after looking into it, he just said it wasn’t allowed but didn’t know why. So now I’m having to go through all the BS of selling the house and search for another place to live even though I really don’t want to move out.