All Forum Posts by: Jeff Cardello
Jeff Cardello has started 1 posts and replied 2 times.
Thank you all for your replies. It sounds like, as long as I have a good title attorney and closing company that they will know how to transfer the property into my name and worst case scenario is that I'll have to figure out a way to refinance. I have a good relationship with my lender so I don't think this will be an issue. Again I appreciate you taking the time to reply.
I am new to the Subject To strategy and have been attempting to gather as much information as possible. Most of it seems pretty positive but I was warned that a property that I purchased could be seized by a court if the seller files bankruptcy.
Is this true?
How do I mitigate this risk?
Thank You for your time!