does anyone know any attorney with experience with (subject to)

[Yasmani Siena]

Hi everyone, does anyone know any attorney with experience with (subject to) around west palm beach FL , Delray,boca raton?

Hola a todos, ¿alguien conoce a algún abogado con experiencia en (sujeto to) alrededor de West Palm Beach FL, Delray, Boca Ratón?

[Curt Smith]

Hi Ya,  connect them PM me for my sub to training doc.  An attorney will NOT give you any of these docs.   Extremely important;  call all the local RE closing attorneys (in FL they are Escrow / Title offices) and ask these exact questions:

"do you close a sale where the loan is not paid off?"

"If you do close subject to the existing mortgage, do you allow me to bring all my own trust and power of attorney docs to be signed at the same time?"

If any attorney/title office says yes to closing subject to the existying mortgage but we (they) will prepare a wrap note to protect the seller, RUN FROM THESE GUYS. Do NOT close using a wrap for sub to IMHO. Use my doc templates in my training; the Trust/POA style of closing sub-to is the std way to close.

My doc also gives the extremely important steps post closing.  In sub to the most important work is after closing;  working with the lender changing mailing address setting up auto-pay,  canceling the home owner style insurance policy and replacing with yoiur landlord policy but adding the seller/borrowr as an interseted party an adding the trust as the named insured and the lender as the escrowed lender.

Much to say, not possible in one post.  The above is key to finding an attorney. YOU NEED TO CALL around yourself.

Tip; this is my biggest tip for everyone, especially new folks; find your local REIA groups, real estate investment associatkons in your area and join them all, Find the ones with the most older experienced local investors. They know the investing ropes. BP is good, local REIAs are best IMHO. Use meetup.org to find REIAs and real estate groups to check out.

Best to all, curt