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Updated over 6 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Adebimpe Teluwo
  • Real Estate Investor
  • Spring Lake, NC
1
Votes |
6
Posts

Subject to existing loan

Adebimpe Teluwo
  • Real Estate Investor
  • Spring Lake, NC
Posted

Good day everyone. I am seeking advice from anyone who has been through subject tos. I landed my first deal and it's a subject to, I got the deed in a trust recorded at the courthouse and I also have the agreement with the seller(wholesaler). I am currently waiting on the authorization from the owner and will draft a POA for the original owner to sign. Is anyone experienced with subject to deals and what are the necessary steps to take to cover myself?

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