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selin03
New Member

I'm not sure what I need to put for the "Amount of Your Debt the Buyer Took Over"? Is this the amount left on my mortgage when I sold the house? Or the full sale price?

 
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JulieR
Expert Alumni

I'm not sure what I need to put for the "Amount of Your Debt the Buyer Took Over"? Is this the amount left on my mortgage when I sold the house? Or the full sale price?

Yes. This would be the amount left on your mortgage when you sold the house also known as "debt assumed by the buyer".

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