Habitat for Humanity Subject to?
Has anyone ever subject to'd a habitat for humanity house? I have a seller that wants to sub2 her house but I'm having a hard time getting my auth. to release information in to her lender.
I'm a little confused about the whole thing. Since the house was built for free or at a discount I wasn't sure if I'd run into any problems.
I'm sure the quality of the house isn't great but it needs little work. The note is $211 with 5 years left and will Sec-8 for $650 all day long.
Any insight would be great, Thanks.