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Updated over 9 years ago on . Most recent reply

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Daniel Allen
  • Accountant
  • Charlotte, NC
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Subject to

Daniel Allen
  • Accountant
  • Charlotte, NC
Posted
Can you purchase homes going through the probate process using the subject to strategy?

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

I don't know if "you can" however it is certainly possible and I've done this many, many times.

What's difficult is getting the lender or loan servicer to recognize your association with the account. I do this by creating a corporate trust account that is just for such matters.

Knowing the what and why is extremely helpful. Learning 'how' usually comes at a price.

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