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Updated about 5 years ago,
How to Structure Subject-to Deal
Can someone provide guidance on how to structure a Subject-to deal?
Looks like the seller put zero down (VA) when they bought the property. There is probably a little appreciation but not much.
If the deal is accepted, how does the deal work out?
Do they continue to receive the bill?
Does the mortgage get transferred in my name or it just the deed?
Does it still go through the same escrow process?
Any other nuances that should be aware of?