Polling on "Due on Sale" being enforced after transfer to LLC

[Ben Williams]

Taking an informal Poll here on the "due on sale clause" enforcement. 

Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transferred to another entity controlled by the same individual (such as an LLC with individual as owner).

If no interruption of complete payments, has anyone had their loan called due? If yes, then were there any special or unusual circumstances? What advantage would a bank have in doing this since the same person is still responsible for the loan and all the bank would do would risk a foreclosure, costing the bank money? 

[Account Closed]

As you probably know from searching the site, there is very little actual experience with this and yet everyone (to include myself) has an opinion.

So I guess so far your informal poll is:

Actual experience - 0
Opinions based on nothing - 6