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Posted about 16 hours ago

Avoiding Due on Sale in VA Loan Subto Deals

Contract for Deed not a Conveyance

Did you know the VA doesn't consider an installment sale contract to be a conveyance, meaning lenders can't call the note due? There should be no due on sale for a property bought/sold via contract for deed!

GET A SECOND OPINION, but our plain-language reading of the VA loan pamphlet indicates that selling on a Contract for Deed does not allow the lender to accelerate the loan!

Refer to the Opinion Letter issued in 1991 (pictured here) and

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