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Updated over 8 years ago on . Most recent reply

Deren Huang's profile image
Deren Huang's profile image
Deren Huang
  • Real Estate Agent
  • from Tulsa, OK
  • Member since May 12, 2016
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Deren Huang's profile image
Deren Huang's profile image
Deren Huang
  • Real Estate Agent
  • from Tulsa, OK
  • Member since May 12, 2016
Connect
Deren Huang
  • Real Estate Agent
  • Tulsa, OK
242
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408
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Buying & Selling Real Estate

Land Trust and Assuming the loan

Deren Huang
  • Real Estate Agent
  • Tulsa, OK
Posted

I have a house that I am looking at, but I can't quite get the price point that I want. 

If you can't get the price, get the terms...

I have heard that if you purchase a house in a land trust the due-on-sale clause can't be triggered, is that true?

How does one assume the loan and set up a land trust?

Would you take over a loan at a rate of 8.5%?

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