Updated over 3 years ago on . Most recent reply
Deed vs Mortgage Profits
Hello, I own a home in NYS. I took over the property on a subject-to the existing financing deal. The deed is in my name and the mortgage is in the prior owners name and I'm going to be selling it soon. My question is will the profits from the sale go to me or will it be split between me and the prior owners since they are on the mortgage and I'm on the only one on the deed? Thank you!