Is there a way to get out of a mortgage that was signed within the last 30 days?

I bought a home yesterday and I have decided that I really do not want to live there for a couple reasons. Is there a way I could get out of it?Is there a way to get out of a mortgage that was signed within the last 30 days?
If what you did was close on a home purchase, then you own a home. There may be some state that has a three day right of rescission on a mortgage loan, but I don't know of one.





If what you did was sign a contract to purchase a home and the closing is still in the future then you probably have a few ways to get out of this contract. If you do not have a real estate agent representing you then call a lawyer right away-like yesterday.Is there a way to get out of a mortgage that was signed within the last 30 days?
Depends on your contract and the contingencies you included. You did not mention whether you are working with a Realtor or not. If so, they can give you your options. If not, in along with, contact a lawyer...
yes, pay off the mortgage
Confusing question. You say yesterday and 30 days.





But in any case, there's no right of rescission on a purchase.





When you refinance a primary residence, you have 3 days to change your mind. So if you sign on Monday, you have Tuesday, Wednesday and Thursday to tell the lender you changed your mind. By midnight of Thursday-going-into-Friday, you must have notified them in writing (fax is ok, but not email) that you are rescinding. Friday the loan funds, meaning the lender forwards the payoff to the previous lender and any cash coming to you is disbursed.





It doesn't work on any kind of purchase, or on a property you won't be occupying yourself.
Depending upon state law, you may have a right of rescission. That should be stated in the closing documents you signed. call a real estate attorney NOW. You can find a local attorney at the link below
This is called buyers remorse. Happened to me. I bought a house once and first day i moved in i found a cockroach and didnt want to live there. I tried to find a way out, but couldnt. 4 years later i sold the house for a 145,000 profit, so i barely remember the cockroach.
Just yesterday? In the contract you signed there should be a cooling off period, usually its 14 days but do check to see what it is. Depending on which country you in, it is illegal for the contract not to have included a cooling off period, provided usually in large transcations in the event that buyers chage their mind, as you have done. Failling this, iwould suggest you work hard at disquallifying yourself from obtaining a mortgage (assumiing this is a route you were going). If bank don't provide mortgage because you do not qualify for the loan amount you need, then technically you are unable to afford the property and canot then be forced to pay for it. Good luck, hope helps.
There is no rescission period on mortgages. You signed..your stuck. Sell the place before the market drops.