Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

93
Posts
13
Votes
Tou V.
  • Stockton, CA
13
Votes |
93
Posts

Subject to and selling who does Escrow issue check to?

Tou V.
  • Stockton, CA
Posted

As I understand it. When taking over properties subject to. The title doesn’t change from previous owner. When selling does Title company make a check out to the owner on title or will they pay the investor directly?

My scenario: I took over a house years ago, but name not on title. Now I’d like to sell it and have proceeds directly paid to me since it has appreciated nicely. What will the previous owner have to do, if any?  Thank you.

Most Popular Reply

User Stats

23,418
Posts
13,508
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

When one buys subject to, title Does go to the buyer.  You didn’t do a sub2 if you didn’t get title.  What kind of agreement/land contract or other contract do you have?

Loading replies...