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? confused

Comments(2)

  • JohnLocke29th January, 2003

    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

  • sanderso101929th January, 2003

    Thanks for the link, that help out a lot.

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