Subject-To then assigning as a lease option
If a home is acquired via subject-to then I lease option the property, who is responsible for the homes insurance? If an accident were to occur on whom does that liability fall on?
Thanks BP,
Peter
Wayne Brooks#1 Foreclosures Contributor
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If you “acquire by sub2”....You are the owner....and are just leasing it to someone else (and hoping they make the payments to you).