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Updated over 1 year ago,

Michael DeCicco's profile image
Michael DeCicco's profile image
Michael DeCicco
  • Member since Nov 19, 2018
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Michael DeCicco's profile image
Michael DeCicco's profile image
Michael DeCicco
  • Member since Nov 19, 2018
Connect
Michael DeCicco
2
Votes |
6
Posts
Creative Real Estate Financing

SubTo Deal - Lien Question

Michael DeCicco
Posted

In a SubTo deal, as the seller, can someone walk me through the lien part? Placing a lien on the property to guarantee payment from the buyer, what if the buyer wants to sell/refi? Does the buyer always have to pay off the existing loan in full before selling or refi? Is there a way around this or a legal agreement you'd suggest? Thanks

Phoenix, Arizona
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