But are they usually free and clear??
But are they usually free and clear??
I do think so. The shows that I've seen, at the end Ty tells the owners that a certain business in town has paid off the mortgage. Don't know if it was always done like that.
They do have to pay the taxes on the property. And I guess it's possible for them to take out an equity loan.
Yes, they get the house free and clear.. They do have to make payments for taxes, electric etc... They usually give the new homeowners "gift money" to help with those costs.. Either way it would be way cheaper than paying ANY mortgage payments.
AND they usually pay off the old mortgage on the house they tear down... I have never seen them NOT do it...
I just can not believe anyone, after having a gift like this to change their lives, can manage to make it a bad thing... It is CRAZY!
Thank you so much Michelle!![]()
Please be responsible, spay and neuter your pets!
I've been BOO'd!!! Thanks Lori!
Hey - wish the extreme makeover bunch could start renovating and funding a few large FOSTER HOMES for animals!
A couple of years' mortgage paid would go a LONG way - maybe even help set up a low cost S&N or TNR.
I can dream, can't I?![]()
"Do or do not. There is no try." -- Yoda
Candace, they already did a dog rescue househttp://www.buddytv.com/articles/extr...tre-12678.aspx
Now where is the cat rescue house???![]()
Thank you so much Michelle!![]()
Please be responsible, spay and neuter your pets!
I've been BOO'd!!! Thanks Lori!
WOW!!! Thanks for the info everybody. I had no idea they went even further. It's insane not to do the right thing.How much better could it get for them?
I've been Boo'd...
Thanks Barry!
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