Anyone sell a home Subject To?
I am in the process of looking to sell my rental property and have gotten some Subject To offers. I have many concerns and have done a lot of research. It seems the vast majority of information online is geared towards the investor. Are there any sellers out there who have done this? My big concerns are some that most sellers have (the Due on Sale clause and what happens if the buyer fails to pay on the mortgage) but I'm also worried about any potential liability to me in terms of tenants that they put in the house. If my name is not on the Title but I still hold the mortgage could I be held liable for any tenant related issues?
Any feedback would be greatly appreciated-thanks!