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Updated almost 9 years ago on . Most recent reply

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Josh Whitney
  • Port Orange, FL
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Using Land Trust to Protect From "Due on Sale" Clause

Josh Whitney
  • Port Orange, FL
Posted

Im curious to know if using a land trust is still an effective way to protect yourself or get around the whole "due on sale" clause when buying subject to? If not is there a more recent method that people are using. 

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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,259
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Now that the crud is off the books for some banks that want to look at existing loans. Right now interest rates are low but when they rise in future years banks will do audits on their loans to see if they can call them to re-lend the money out at higher rates.

Everyone wants to maximize that dollar! lol

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