You may want to terminate the existing agreement before moving on.

One does not negotiate a existing legal agreement.

This opportunity seldom exists in real property ownership.I think that trying to use crossover strategies between real property and notes is not a good use of timer effort.

I always buy "off market" and just take over the existing financing so I do things a little bit differently.

Its existence in no way makes this a distress sale.

And the funny thing about the previously existing law is that you would have possibly ended up in front of a judge - my bet is the judge would have required that you have that “lead safe” certification.

Originally, I had intended to simply have them transfer the deed to me subject to the existing financing or simply buy the house from them for what is owed on the house using a short term hard money loan, but the more i think about it, the more it might not be a good idea for any deed transfer.

If you are looking at this from an investment perspective, that may make your returns non-existent.

You do that, your biggest expense (mortgage) doesn’t exist.

If you want to look up the original article, which has links to sources and to other great resources, (I can't link as per BP rules) the article is called "33 Real Estate Statistics That'll Change Your 2019 Strategy" - by Mike BlankenshipGeneral Real Estate Statistics In 2018, 5.5 million existing homes were sold in the U.S.