Info

The Real Deal Real Estate Show with Larry Harbolt

The Real Deal Real Estate Show with Larry Harbolt is brought to you by The Real Estate Institute of Advanced Strategies. This show will teach any real estate investor how to buy and sell real estate for long term wealth and prosperity. Listen to real estate investing legends discuss the timeless methods used to acquire real estate. Larry discusses many strategies including but not limited to Seller Financing, Land Trusts, Options, Negotiations, Tax Planning, Asset Protection, Wholesaling, Lease Options, Contract for Deed and many other creative methods that provide a win/win solution for both buyers and sellers.
RSS Feed
The Real Deal Real Estate Show with Larry Harbolt
2021
February
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September


Categories

All Episodes
Archives
Categories
Now displaying: Page 1
Jan 27, 2017

The Strategy of “Subject To” is becoming more and more popular every single day.  Basically, this strategy works as follows:

When you find a property that has an affordable mortgage in place, it is possible to take title to the property subject to the existing mortgage.  The term subject to is meant to state that the current mortgage remains in place, even though the deed transfers to the new owner.

Many notes these days have what they call a “Due on Sale” clause, which basically means when the property is sold, that the note must be paid in full.  Larry discusses how this is not a law per se, yet agreement between lender and borrower.  In many cases, the bank will allow the transfer to happen, especially when they fear the current owner may default.

There are other instances where the banks will not allow the transfer of deed to occur without calling the loan due.  When a bank calls the loan due, they demand the full balance be immediately paid to the bank to satisfy the mortgage.

One of the benefits of attending Larry’s Never Step Into a Bank Again Bootcamp is that you will learn how to avoid using the bank at all.  When you avoid the banks, you can do more deals, with less headache and more profit.  Want to learn more?  Go HERE

0 Comments
Adding comments is not available at this time.