how do you change a property over from your personal name to business name?

[Rah-sheen Blalock]

can someone help me out? is it hard is it easy? whats the best way to do it? how long does it take? etc...

[Hattie Dizmond]

@Anna Shaver Most of your standard purchase contracts include a possession date & clause indicating when the seller must have vacated the property, which generally is at closing, unless a temporary lease is included or a other concessions are made.

Basically...it's just a way to say, hey, if you sold the property to someone else we can call the note due.

Please, just remember, no one can guarantee you it won't happen, but banks rarely call notes based upon the Due on Sale clause.  Banks don't want to own more property than they already own from the subprime crisis.  They also don't want to turn a performing asset into a non-performing one.  Listen to podcast #2 with Karen Rittenhouse.  She's done over 100 subject to deals and has never had a loan called as a result of the Due on Sale clause.