If you have other buyers ready to pull the trigger, cancel this buyer and go with one of them.

You need buyers in the wings ready to pull the trigger.

For most new investors, the most difficult deal not only to find, but to pull the trigger on, is your first one.The best thing is to educate yourself and surround yourself with knowledge.

Strictly speaking, the due on sale clause is triggered when the ownership is transfered, whether its recorded or not.

When the lender finds out they could choose to trigger the "Due on Sale" Clause which means you'd have to payoff the loan.You could look into doing a Land Trust.

Wow, some harsh words and generalizations for poor Realtors.The problem is that Realtors go to school, get their license and then begin working at an office and that is it.

Not to be harsh, but I had to learn this business rule the hard way.

Since the deed isnt passed until all the payments have been made, technically, you havent sold the property so the due on sale isnt triggered.

Can this trigger a higher tax assessed value?

Dan, As your real estate learning moves forward you're facing the harsh reality that this can be a tough market for beginners -- and those of us who have been around a whole lot longer -- but the best thing you can do is believe in yourself and not give up on the dream.