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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsBuying & Selling Real EstateDealing with subject to
Lee A.'s profile image
Lee A.'s profile image
Lee A.
  • Rental Property Investor
  • from Pine Bluff, AR
  • Member since Sep 25, 2018
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Lee A.'s profile image
Lee A.'s profile image
Lee A.
  • Rental Property Investor
  • from Pine Bluff, AR
  • Member since Sep 25, 2018
Connect
Lee A.
  • Rental Property Investor
  • Pine Bluff, AR
2
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7
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Buying & Selling Real Estate

Dealing with subject to

Lee A.
  • Rental Property Investor
  • Pine Bluff, AR
Posted Nov 9 2018, 07:07

Hello BP,

When dealing with subject to deals. How do you get around the bank having issues with you taking over the payments? I have heard that banks will call the loan with  subject to deals. I have heard of doing limited power of attorney to speak on the behalf of the person that owes the bank the note to smooth things over.

Any thoughts?

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