"Subject To"
Real Estate Basics
The “Subject
to” strategy is a great low to no risk,
no credit, and no money down strategies. They can be used
with owners, preforeclosure or even with conventional methods
as a better way to accumulate properties without credit
and financing limitations.
This term comes from the clause “subject to existing
financing.” With this strategy you are leaving the
existing financing in place and just taking over those payments.
One thing we need to clarify is you are not assuming a loan.
You as the buyer simply take over payments on the sellers
existing mortgage and your name does not go on the loan.
It will stay in the seller’s name. It’s a strategy
that is completely legal in fact; if anyone tells you it
isn’t, ask them to explain line 203 on the HUD1 form
which says “Existing Loans Taken Subject To.”
Anyone can make a private contract to buy or sell a property.
You will have the deed in your name and the seller still
has the loan. Detailed instruction for profiting effectively
now using Real
Estate “Subject to” Deals with all
applicable paperwork is included in the
program.
There are other
strategies that we cover and these will give
you the best options overall to profit in any real estate
market.
Join the ranks of those profiting from the current crisis!
Our system is geared specifically for today's real estate.
Go to:
http://www.creativerealestatehelp.com/index.php
We look forward to helping you achieve your financial goals!
To your success,
Matthew Sorensen
CreativeRealEstateHelp.com
http://www.creativerealestatehelp.com
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