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Updated about 10 years ago,

User Stats

41
Posts
6
Votes
Tim C.
  • Nashville, TN
6
Votes |
41
Posts

How to protect yourself if a subject-to is due on sale

Tim C.
  • Nashville, TN
Posted

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on, would I be right in assuming the investor would give the house back to the seller and lose the payment they originally made?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

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