Help With Subject To?

Purchasing a home, keeping existing mortgage in place in previous owners name. Need help or direction in completing a Subject To...Any good websites any one can recommend?

Comments(9)

  • InActive_Account25th September, 2005

    It happens to me but I just keep puting them up. I think its my competition.

  • ZinOrganization26th September, 2005

    another trick is to put them up on a monday night. in my area monday night has a low traffic volume, allowing for me to go out without the hassle of dodging cars on a ladder. the other good thing about it is that the citizens and investors who go out and steal signs usually do it on a weekend night when they have time. therefore your signs should stay up almost all week untill the weekend. your going to have to do some testing on your own to see what works best for you. maybe ditch the signs and go with billboards, they cant take those down.

  • homsteadequity3rd October, 2005

    Just for information,
    I am a city worker who DOES NOT "sit around all day playing games." In fact, most of my work day is spent taking down signs off city utility poles and right of ways. If you want to post signs, inquire with your city/county code enforcement department and ask where it is permitted to put signs. Most of the time, signs on public property or right of ways are prohibited. There are even certain size of signs allowes and not allowed. Check with your city code enforcement department, to find out if your signs were taken. If so, you might want to chaulk them up as a loss or recieve a citation. Most of the time, you might be acle to retrieve them back with a verbal warning.

  • mark_simmons_tx3rd October, 2005

    I wonder if a hundred bucks a month would be enough of a pay-off to get the guys that tear them down to leave my alone?

  • getitqwik22nd November, 2005

    Quote:
    On 2005-10-03 01:03, homsteadequity wrote:
    Just for information,
    I am a city worker who DOES NOT "sit around all day playing games." In fact, most of my work day is spent taking down signs off city utility poles and right of ways. If you want to post signs, inquire with your city/county code enforcement department and ask where it is permitted to put signs. Most of the time, signs on public property or right of ways are prohibited. There are even certain size of signs allowes and not allowed. Check with your city code enforcement department, to find out if your signs were taken. If so, you might want to chaulk them up as a loss or recieve a citation. Most of the time, you might be acle to retrieve them back with a verbal warning.



    I always find the axiom..."It is easier to beg for forgiveness than to get permission." works well.

  • NewKidInTown326th November, 2005

    A couple of years ago, CountryWide told me that they could do a "rate and term" refinance after only one day of title seasoning. A cash out refinance would require at least six months seasoning.

    This is dated information, but you might still check with Countrywide.

  • InActive_Account27th November, 2005

    1-800-220-2647 ask for Ian Poushe. Tell him Nathan Ott reffered you. He is a little slow but he can get the job done. You just gotta stay on top of him.

  • coiner127th November, 2005

    So how would you refinance a "Sub 2".....Not in the original owners name......How, if the beneficial interest is held by a LLC?

  • mcole27th November, 2005

    Greetings cmon,

    It’s really not that hard to do. Are you sure your mortgage broker understands buying Sub-To?

    You need someone that can explain it to the underwriter, as many of them don’t understand Sub-To. And you may need to explain the difference in the sub-to amount versus market value.

    But if you’ve been on title for 10 months and you have decent credit, you shouldn’t have a problem. Talk to some other brokers.

Add Comment

Login To Comment