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Updated over 15 years ago on . Most recent reply

Mike Mitchell's profile image
Mike Mitchell's profile image
Mike Mitchell
  • Real Estate Investor
  • from Lubbock, TX
  • Member since Jan 29, 2008
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182
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Mike Mitchell's profile image
Mike Mitchell's profile image
Mike Mitchell
  • Real Estate Investor
  • from Lubbock, TX
  • Member since Jan 29, 2008
Connect
Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
10
Votes |
182
Posts
Private Lending & Conventional Mortgage Advice

due-on-sale clause

Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
Posted

There was a discussion a few months ago concerning the likelihood of a lender calling a note because title changed hands.
I'm not concerned about that at this point, I'm concerned about the possibility of any local title company closing a deal when they know that there is a due-on-sale clause in place. How does one get around that? Will I have to get a title opinion and if it's good have the property deeded to me?

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