Updated 2 months ago on . Most recent reply
Nate MarshallPoster
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Is this the end to subto?
People warned about SubTo and Gator BS years ago.
Mortgage Gamble | Inside risky real estate deals leaving sellers on the hook | I-TEAM Investigation
Jacksonville veteran warns ‘sub-to’ mortgage deal led to missed payments, foreclosure
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I think you'll start to see states implementing some laws around this. There was also just a report recently about the zombie mortgages. As we start to see more defaults and get back to historical norms, you will start to see more in the news about these types of creative financing, which many consider predatory.
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