Capital Title Ceshker Group is an attorney owned Title Co that is almost exclusively focused on investors as opposed to retail. They do tons of Sub Tos and wraps and owner finance and joint ventures and anything complicated. Local office is 15400 Knoll Trail Dr., Dallas TX 75248. Main office is in Austin where Alan Ceshker usually is. Local contact is Katherine Witt. Highly recommended.
Capital Title Ceshker Group is an attorney owned Title Co that is almost exclusively focused on investors as opposed to retail. They do tons of Sub Tos and wraps and owner finance and joint ventures and anything complicated. Local office is 15400 Knoll Trail Dr., Dallas TX 75248. Main office is in Austin where Alan Ceshker usually is. Local contact is Katherine Witt. Highly recommended.
I can't tell all of you who responded how much I deeply appreciate your input. I pray it will get me out of a jam. I will let you know. Again, thanks to all!!! Have a wonderful, safe day!!
I have heard that in executing a "Subject To" contract, the Title Company must send the Lender a "7 day notice" that notifies them that a change in ownership has happened and that they can exercise their "due on sale" clause. Does anyone have experience with this and how likely is the Lender to exercise the "due on sale" clause?
I have taken a few subject to classes but have not (yet) purchased one. In both classes, the instructors said as long as the mortgage keeps getting paid its very rare for them to call the due on sale clause.
Megan, That's what I'd heard so I am going to press ahead. Thank you so much. I was able to verify that Kensington Vanguard does do Subject To contracts. You gave me hope and that's what I needed. Thanks again!!