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Josh Fincher
  • Brundidge, AL
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is it possible to take over a "subject to" loan?

Josh Fincher
  • Brundidge, AL
Posted Oct 2 2012, 14:44

Someone is selling their house at about 20k to 30k less than other comparable homes in the neighborhood but they have a usda loan and are seeking payoff. He is trying to sell so he can buy his wifes childhood home. Is there a way to take over the loan with "sub to" terms. If so how and is it legal? This is my first property so any info is greatly appreciated.

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