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Updated almost 5 years ago,

User Stats

9
Posts
9
Votes
Donald Cherry
  • NYC
9
Votes |
9
Posts

Subject To payment risk

Donald Cherry
  • NYC
Posted

If the buyer in a subject to deal keeps up their end of the agreement paying the seller diligently, is there anyway to safeguard against the seller not making the mortgage payments?  Are there any clauses in a sub to contract that guards against this.

If anyone has a good solid Sub To contract that they would be willing to share or can point me in the right direction as to where I can find Sub To contracts that would be great.  I looked for them in the BP tools section on the site but didn't see anything. Thanks in advance.

Best,

Don

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