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Creative Real Estate Financing

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Jarrett Harris
  • Calumet City, IL
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Deeding over a commericial property???

Jarrett Harris
  • Calumet City, IL
Posted Apr 25 2014, 10:57

I am wondering if someone simply deeds their multi unit building over to me what will the bank do? Will they call the loan due ( I know they can but will they)? What if the seller simply adds me to the deed and then removes himself a year later after I have taken over the building completely from him?

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