Subject to in Texas - Can you still??

[Mani Festo]

Hello,

I have someone who wants me to take over payments on a house in Texas. They are willing to leave the existing financing in place and allow me to make the payments. I know there have been different laws passed that have made sub2 more difficult (or are they even still possible??) in Texas. I would like to add that I would be occupying the property as primary residence.

Like for example.. if I am planning to occupy it and hold long term... how should I handle the insurance?

What type of sale contract should I use? I plan to refi within 2 years.

If it is possible can someone point me in the right direction to find up to date info on what is required to carry this out? I want to make sure I am protected from the possibility of the seller doing anything that would add additional liens etc on the property.

Any help is appreciated greatly.

Thank you. :mrgreen: