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renting vs living in

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  • renting vs living in

    We are purchasing a house through Ryland. We are also doing the mortgage through them. We initially intended to live in the property, however, several financial and personal issues have come up that will make it virtually impossible to do so. We are not trying to back out of the deal as there is already a lot of money invested, but how much legal trouble will we get into if we rent it instead?

  • #2
    Re: renting vs living in

    Does your lender have clauses in the documents prohibiting renting it?

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    • #3
      Re: renting vs living in

      No.

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