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What is the meaning of chain sales?

As a home owner I want to sell my house and buy a another house in that case can I use the chain sale option so I can use the existing Mortgage

Asked on Apr 10 2011, Home Finance in Ramsgate | Report content

Answers (1)

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  • Basically means when you have someone who has agreed to buy your property you go off find a property you want to buy and the transaction goes through at the same time and if your lender agrees will transfer the mortgage to the new property.

    Answered on Apr 11 2011, Report content

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