Buying subject to

[Connor Williams]

Circling back to buying a family members house.. 

can’t assume the property since I won’t be occupying it. 

So looking into subject to. 

I would be on title, she is completely off once it closes. Then she continues to make the mortgage payments? Can I set up auto pay and have it come out of my account/pay the mortgage with my checks to ensure it gets paid?

Any concerns with a subject to? The family member will continue to live in the house, I am essentially subsidizing the loan for her, saving her 7-900 a month and for me it’s a long term play getting it for a good price 

[Kerry Baird]

By all means, set up auto payments so you know the payments are being made.  Change email to yours, so you receive notifications.