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Updated almost 11 years ago,
Due On Sale Clause: Myth or Fact?
BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if a Lender does call the note then can the Buyer just refinance with a WRAP Mortgage?
Please, elaborate and add whatever respective comments to further understand the application of the AMP and Subject To strategies.
Thank you!