Or you could buy "subject to" where you buy the house and take over the payments on the existing loan.

Devin, you can afford to pay more with seller financing, subject to the transaction makes sense.You are very smart to negotiate seller financing for many reasons.

Property Subject to Limitations: "Yes"_______________________________You will have to disclose the loans on your loan application (doesn't matter that they're not on your credit report) and they should ask if they're 1-4 unit (residential) properties.

It very much is subject to those same rules; however, there is the presumption of profit term that can add two years to the statute.

Since you are selling a tenant occupied property, you are likely selling to an investor and thus, they should be accustom to contracting with subject to interior inspection.

I started in 97 door knocking pre-foreclosures and taking them Subject To.

I am considering buying House 1 subject-to.

He wanted $50K min.offer.I check around and found 5 simular 2/1 between 885sqft-1210sqft properties that are w/in 5miles of the subject property.

You may have an option to purchase a property, you can have the option to renew a lease or the option to mineral rights, plant trees and retain the fruits grown or to obtain any other lawful use of a property.An Option on real estate must comply with the Statute of Frauds, be a written agreement, it must be signed by the grantor/optionor and it must contain all of the requirements of a contract to be enforceable.The parties to the contract must be named, the legal description of the subject property must be given and the contract must meet the legal requirements fo a valid contract.

I do remember, when I was studying for my Broker Lic. years past, that was one of the subjects, and it defined cash out for hard money definition.