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Financial Planning / Tax Strategies


Subject:  Re: household question Date:  11/5/2003  5:33 PM
Author:  numbrel Number:  67444 of 124821

I am being bought out of the morgage befor the sale of the house - Ed

I hope you mean that your partner is refinancing the mortgage on his/her own. You can't be "bought out" of a current mortgage. If you just get the money and go away and something happens and your partner doesn't pay the current mortgage, you are still responsible for it.

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