SUB TO Deal ???
I have recently purchased a prefor subto and have set up PM company for payments etc... Have a question about the other bills that are attached to the property. Do these stay in seller name or do I put them in company name? Probably a very simple answer I am ust unaware of what that answer is.
Thanks,
Jay
tsjhope,
Glad to meet you.
Did these bills, etc. show up on the preliminary title report?
Are they attached to the property?
John $Cash$ Locke
[ Edited by JohnLocke on Date 02/10/2004 ]
John,
Nice to mee you as well.
They are not attached to property. The city water co just called asking about settlement and asking questions. I dont think the bank can find out anything from this but an unsure.
tsjhope,
No, this is not a flag, you are the new owner and will be paying the bill.
John $Cash$ Locke