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63
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64
Votes
T. Alan Ceshker
  • Attorney
  • 3409 Executive Center Drive Ste 110 Austin, Texas 78731
64
Votes |
63
Posts

Wraps and due on sale clause

T. Alan Ceshker
  • Attorney
  • 3409 Executive Center Drive Ste 110 Austin, Texas 78731
Posted

I want to start a discussion re the due on sale clause

We are seeing more issues re lenders calling notes due.  Some because of mistakes with insurance.  But, some due to lenders looking.

One lender/servicer is HomeLoanServ.  They actually are looking at prior foreclosures that were reinstated.

What are you folks seeing?  Are you taking measures to protect your deals?

Thanks and let us know -- let's get info flowing

Alan 

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