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If you sold your house to someone subject to, you're risking your credit because the loan would stay in your name. That's why typically, only very motivated sellers would accept an offer like that . . . someone who must sell, not someone who just wants to sell.
I just had to leave a comment, great video!
showem88 1 year ago
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Great Video, If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
this is awesome
Niranjanwef 3 years ago
If you sold your house to someone subject to, you're risking your credit because the loan would stay in your name. That's why typically, only very motivated sellers would accept an offer like that . . . someone who must sell, not someone who just wants to sell.
priddle34 3 years ago
What would I do in the case you default in my mortgage? Any asshole can make me an offer and promise to pay the mortgage, but what if they default?
torresut 3 years ago
As I understand it Escrow makes sure that the mortgage is paid before the previous owner/seller gets their cut.
npboutros 2 years ago