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Updated about 10 years ago,
How to protect yourself if a subject-to is due on sale
Hi BP,
I was listening to the podcast with Karen Rittenhouse and she mentioned a strategy for getting seller's to agree to a subject-to.
I am wondering how a contract could be written so that if the home did face the "due on sale clause" the seller could be protected. If foreclosed on, would I be right in assuming the investor would give the house back to the seller and lose the payment they originally made?
Thanks,
TJ