Subject to Question
I was wondering, when you purchase a home subject to, how do you change the deed without the bank fining out? It is my understanding that a due on sale clause will be put into effect after you change the deed over. Am I right or is there a way around this?
sanderso1019,
Glad to meet you.
The best article that I have seen regarding your question was written by William Bronchick, Esq.
Bill is an Attorney and REI investor and the kind of guy who will look you straight in the eyes when he talks to you.
Check out this link:
http://www.legalwiz.com/dueonsale.htm
Welcome on board this board, keep asking questions, great people here at TCI to help you.
John $Cash$ Locke
Thanks for the link, that help out a lot.