Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

In this scenario the lender can also exercise the due on sale clause and force you to sell, they can foreclose or you can deed back to the seller.In either case title gets transferred to you (you now own the property.)

The thing is that exercising a due on sale clause is not exactly cheap.

The lender is not obligated to exercise that remedy, and often they don't.Come on now, you make important points overall, but this one needs to be redacted because it's just untrue.

The likely outcomes are that the bank would exercise the Due on Sale clause and you would have to refinance or somehow pay off the bank, sell or lose the house.There are some other things that could happen if it was determined to be fraudulent, improper or within two years of filing, or if they intended to delay, hinder, or defraud creditors by selling the property or if the sale (sub to) was for less than fair market value or if it was hidden in a trust (concealment) and not declared.

If you or the seller discuss the transactoin with the bank, it is likely they will exercise the Due on Sale Clause.There is no legal requirement for you or the seller to tell the bank he has sold the property.

Seller could give you a lease option that you choose to exercise at a later date and you rehab the property and rent it out until the end of your lease option term and then decide to move forward with the purchase --if values have gone up or you decide to move on, because prices have gone down.

You can contact the lender and tell them you no longer own the property and understand they can exercise the due on sale clause.

Within another month he was gone.Would I do that exercise again?

This will be a good exercise for me.