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Updated almost 2 years ago on . Most recent reply

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Peter Kostas
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Peter Kostas
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Creative Real Estate Financing

Getting around DOS Clause

Peter Kostas
Posted

Can someone help me with a sure way how to get around the Due on Sale Clause for seller financing? 

From what I've read: Create a contract that states-  In the event of a Due on sale Clause, We can deed the house back to the owner, then the owner can deed the house back to us but we never record it??

Washington, DC
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Jay Hinrichs
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Quote from @Peter Kostas:

Can someone help me with a sure way how to get around the Due on Sale Clause for seller financing? 

From what I've read: Create a contract that states-  In the event of a Due on sale Clause, We can deed the house back to the owner, then the owner can deed the house back to us but we never record it??


your going to create tax implications .. 
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