If this is the case, again, you'll have to contact the owner to see if there's interest in doing a subject-to deal or if you'd end up getting traditional financing on it.I hope this helps, I'm not quite sure what you're trying to do in this scenario and these are my thoughts with the information that I have.

There are some specific things you'll need to consider though by doing this type of transaction (Which is commonly referred to as "Sub 2" or "Subject to", meaning you're buying the home "subject to" the underlying lien staying in place).You need to properly disclose the due on sale clause, and what that could possibly mean for the selleryou need to wait 7 days before closing with your end buyer (Texas property code says that when selling a house with an underlying lien you must wait 7 days after giving your buyer an underlying lien disclosure before you can close.

Remember nebulous concepts like "ethical, moral, and fair" are subjectively defined.

I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.im confused about something. ok, lets say you do a subject to on a pre foreclosure, and get the deed. where im confused is, normally, in a subject to, you just take over the payments and pay the remaining loan balance. in the video, they say you can negotiate a discounted payoff. are they saying that the discounted payoff is negotiated DURING the preforeclosure, as soon as you get the deed, etc. or is it part of the EXIT strategy?

And there is nothing to prevent the seller from selling the property "subject to" the option. 3.

My wife and I have a property we are planning on purchasing subject to the existing financing.

Everyone has their own take on social media, and I am no expert on the subject but I will tell you my experience.In general, the quality of the invitation dictates the quality of the response.

Also have a realistic expectation that if the owner paid $200k for the subject property and now its appraised value is only $85k then the chances of them allowing you to get it under contract for an amount where you can make a little money is unlikely.

Immediately, I thought this would be an excellent candidate for a subject-to financing.Here is what I was able to get out of her.

I finally received a much need promotion about half a year back, I have been saving up some funds. I do believe I will soon be trying to contact some people that might be in pre-foreclosure in the surrounding area....