All Forum Posts by: Shannon Schlappi
Shannon Schlappi has started 1 posts and replied 2 times.
Post: Trying to close a Subto deal but having troubles

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@Kent Chu Thank you for the response. I understand that to be the case as well, I'm just not sure if anyone can recommend a way to get that document created for my deal specifics. Does anyone on this board have a contact? Was considering going straight to Pace but not sure how difficult that may prove to be.
Post: Trying to close a Subto deal but having troubles

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Hi Everyone,
Shannon in Kansas City, MO here and I've been watching quietly for a while and now as I scramble to make some moves before the end of the year I've found a great deal that the owner of a commercial building has a small note and is willing to make a deal subto. The bank seems confused by my request and the owner and I are in agreement on the terms and it's a good deal that really works for me right now. Who can help me facilitate this deal quickly as the bank is confused and I called a friend who is an attorney and he referred me to a real estate attorney and even he seems confused. It made total sense listening to Pace, but now I'm wondering if I can get this deal done. Please let me know who you use for these types of deals and if you think I can still get it done before EOY. Thank you!