"Subject to" - What have you heard / experienced??

[Ryan Deasy]

I have an opportunity to do a "subject to" deal in CT. Based on what I know, the numbers make sense, deal wise. What I am looking to find out is (I know this subject has been talked about before and I have read other forum posts and watched the YouTube videos):

• How many of you have actually seen a lender call the loan due because of the "due on sale" clause?
  • If it does happen, what are your options besides just paying off the balance?
  • How much time do they give you?
  • I just watched a video where an investor notifies the bank of the deed transfer via certified mail, instead of hiding and hoping they don't notice.

  Thoughts?? Thank you in advance!!