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Updated over 4 years ago,
No More 'Subject To' Transactions
I just received an email from Phil and Shenoah Grove requesting investors to join forces and fight against a bill being proposed to legislation which will effectively STOP investors, buyers and sellers ability to purchase or sell properties 'subject-to the existing mortgage via a wrap around mortgage here in Texas. The bill is SB 1993, 1994 & 1995. They are asking for donations to help them fight this. If you know them, please contact them to get more information on how to donate and offer additional services to stop legislation from passing this bill? As we all know, there are always those that will not use this strategy to defraud buyers and sellers but for the most part, I want to believe more of us are doing these transactions the right way.
Thank you.
Sharon