All Forum Posts by: Roger Paschal

“Subject 2” - Subject to; the terms of the Agreement. In this case the agreement is the existing Mortgage, the sale is Subject to the existing mortgage staying in place, as is where is. The deed and ownership goes into the name.

Subject to is not illegal in any State, this is one of the most common types of Real Estate transactions in the World. But you must have knowledge on how this works and how to set up your insurance and how to transfer the deed.

With this always work with a professional, this is please work with a Title Company or Attorney who knows this process, it is not to where you take advantage of a seller, this is to help the seller when they have few options.

Chris, I have never been aware of any State to where an individual is not allowed to buy or sell their own Real Estate, no license is needed.

Have you seen the law yourself? 

If you are on the contact as a buyer or you are the seller, I am not aware of any limitations, i am curious, can you send me a copy of the State statutes.  

Thank you

It will not allow me add my email, you can message me on my web site in my profile

I have worked with Dennis's Students for years, I have never heard of anyone having anything bad to say, as a Realtor I prefer to work with an investor who has taken his courses because they have a plan, they know where to find money, and most of all they know how to make a decision.