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Old 04-20-2007, 09:47 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,627
Tell them you will assume the loan if all the payments are made up to that point and rent it out. You get a house for very little down. Always a good thing or almost always. They get out of this deal. win/win

Downside is you are now in the rental business. Ready for that? You paid full price and do not have equity either so you might have a hard time baling out if you have too.
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