Posted by Barlow on 8/9/2006, 1:01 pm What do you do about the Due on Sale Clauses in most underlying mortgages? You never addressed this in the book. It seems to me that all kinds of sticky situations could arise if the new buyer defaults on the loan. Please explain and the legal ramifications also Thank you
216.134.171.48
Hi I just finished reading this book and in it George promised to answer questions about the creative financing. My main question was not answered so I am asking here. I am inclined not to use this type of creative financing (sorry George). I have had close to 20 years of experience in this business, I have a law background and have also been an escrow officer...just to let you know that I am not a newby.
Message Thread:
![]()
« Back to thread