Risk on Contract for Deed, Subject To, Assumables

[Gary Wright]

I was studying material provided by Brian Gibbons last night on Money Section.  I haven't finished reading yet, but noted the following questions while I was reading:

1. Is it practical to do Subject To on HOA Liens? I have found several in my area. Seems these could be distressed properties and worth reaching out to them to see if I can strike a deal? Thoughts?

2.  What is the inherent risk on Subject To, Land Contracts, etc. of the seller wanting their property back after I have paid payments for a period of time?  I'm assuming this risk is handled in the contracts?  Am I on the right track?

I'm finding this material very interesting. I don't see deals structured with Subject To or Land Contracts in my area. I suspect because I haven't been close to REI and wouldn't know. My past dealing with REA's didn't expose me to these types of purchases.

The material is like a good book, I can't put it down now.

Would love the communities perspective.

[Brian Gibbons]

@Gary Wright

I'm glad you are finding the material interesting.

The key to success is a good attorney on your team, California is a complicated state.