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Updated over 7 years ago,

Rick H.'s profile image
Rick H.'s profile image
Rick H.
Pro Member
  • Investor
  • from Joliet, IL
  • Member since Sep 10, 2013
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User Stats

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

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

Rick H.
Pro Member
  • 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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