Subject-to financing means acquiring a property while leaving the seller's existing mortgage in place: the deed transfers to the buyer, but the original loan stays in the seller's name, and the buyer takes over making the payments.
Log in to followSmall town, population under 4,000, about 40 minutes from anything. 3/2 on 5.1 acres, well and septic, built 1996. Seller inherited a job transfer she can't refuse and is two paym…
This has been theory for me for months and now an actual one has shown up, which is not the order I wanted things to happen in. The seller is a coworker's brother-in-law. Divorce,…
Deal in front of me: 1970s farmhouse on 11.4 acres at the edge of a growth path, seller relocating, existing loan 211,600 at 3.75% with 26 years left, PITI 1,430 (P&I 1,038, taxes…
A woman down the road from my first rental is moving in with her daughter out of state. Her loan is at 3.5%, balance around $214k, payment $1,610 with taxes and insurance escrowed…
I set up the closing coordination side of a few creative deals for other people and now I've got four of these files where the buyer is self-servicing, meaning he logs into the se…