Subject to - California

[Jessica Oots]

I have a seller who is willing to allow us (or our end buyer) take over her existing loan payment on a subject to with a wrap. How can I process this transaction in CA? All I am finding is the title companies can do an All Inclusive Trust Deed and the title will transfer immediately. I don't want to title to transfer until the term is met (2 years) in the off chance the due on sale clause is activated. Has anyone had success with subject to's and wraps in Southern California without doing an AITD?

I have talked to some people who do this out of state and they say the title company can create a Contract for Deed, Agreement for Sale or a Land Contract but I have yet to find a title company that can do this. Thank you!

[Ray Johnson]

@Jessica Oots I'm having the same thoughts as @David Dye the rates are very low so it may be easier getting a new loan unless someone in the transaction won't qualify for a better rate or the new owner will be Non-Owner Occupant meaning the investor loan rate will be higher that an owner occupant loan rate