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Updated over 7 years ago on . Most recent reply

Rick H.'s profile image
Rick H.'s profile image
Rick H.
  • Investor
  • from Joliet, IL
  • Member since Sep 10, 2013
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Rick H.'s profile image
Rick H.'s profile image
Rick H.
  • Investor
  • from Joliet, IL
  • Member since Sep 10, 2013
Connect
Rick H.
  • Investor
  • Joliet, IL
25
Votes |
50
Posts
Creative Real Estate Financing

What happens with sub2 or wrap upon seller/borrower's death?

Rick H.
  • Investor
  • Joliet, IL
Posted

I assume the loan would just become the debt of the estate.  Would it then have to be paid off in order for the heirs to close the estate through probate?  Or is there a way around this?

  • Rick H.
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