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Updated about 13 years ago,

User Stats

59
Posts
23
Votes
Donovan R.
  • Real Estate Investor
  • Columbia, SC
23
Votes |
59
Posts

Habitat for Humanity Subject to?

Donovan R.
  • Real Estate Investor
  • Columbia, SC
Posted

Has anyone ever subject to'd a habitat for humanity house? I have a seller that wants to sub2 her house but I'm having a hard time getting my auth. to release information in to her lender.

I'm a little confused about the whole thing. Since the house was built for free or at a discount I wasn't sure if I'd run into any problems.

I'm sure the quality of the house isn't great but it needs little work. The note is $211 with 5 years left and will Sec-8 for $650 all day long.

Any insight would be great, Thanks.