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Updated over 8 years ago on . Most recent reply

User Stats

268
Posts
106
Votes
Simon Stahl
  • Rental Property Investor
  • Oakland, CA
106
Votes |
268
Posts

Liens on property while doing subject to deals

Simon Stahl
  • Rental Property Investor
  • Oakland, CA
Posted

I was wondering how it works with the liens when I do a subject to existing mortgage deal. Here is where I see the problem: When I take over the sellers mortgage, this lien stays on the house even though the deed is now in my name. Later, when I want to sell the property again, how can the buyers get a mortgage for it when there is still the lien on it?

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