Subject To And Change Of Address?
I sold my home subect to the existing loan about 3 months ago. Since then, i have moved twice. Is it okay for me to update the lender with my new address or are they just to believe that i still live at the house?
I would be more concerned with updating your address with the person you sold your home Subject 2 with. As for the bank, he should be the one dealing with them now. But if you are the one still making the payments (he pays you, you pay them,) then it is still ok to let the bank know of your change of address
Rob Carroll
Anderson Investment
if you are unsure contact the person that you "sub to" the prop. to. between the two of you you will know what to do. i would do this before contacting the bank......km