Someone Please Explain "Subject To" Deals?

I keep hearing these on the boards, what are they andhow do they work? Is this like "Subject To a home inspection...my partners approval...etc??

Comments(5)

  • sanjosee7th October, 2004

    "subject to" means to purchase a property by keeping the exisiting loans in place and making payments on them instead of finding new financing.

  • nickb7th October, 2004

    So would that be like a "Land Contract" where the seller retains title and buyer gets occupancy and equitable title?

  • kenmax7th October, 2004

    goto "forums" then goto "sub2" board it will be informative for you......,km

  • nickb7th October, 2004

    Thanks KM, headed there now.

  • kenmax8th October, 2004

    your welcome nick and good luck..........km

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