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Updated over 8 years ago,
Land Trust and Assuming the loan
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%?