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Updated over 6 years ago on . Most recent reply

Asher Carr's profile image
Asher Carr's profile image
Asher Carr
  • from West Orange, NJ
  • Member since Mar 15, 2018
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Asher Carr's profile image
Asher Carr's profile image
Asher Carr
  • from West Orange, NJ
  • Member since Mar 15, 2018
Connect
Asher Carr
  • West Orange, NJ
7
Votes |
93
Posts
Buying & Selling Real Estate

HELOC = DUE ON SALE TRIGGERED?

Asher Carr
  • West Orange, NJ
Posted

I have a client who is open to to owner finance his home to me has a HELOC to payoff of $30,000. Its only $305/month and thats the only debt on the home. Would that trigger a due on sale clause?

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