Assuming the loan trigger the due on sale clause? - Posted by Kevin-rookie

Posted by John (Las Vegas) on January 25, 2002 at 23:46:56:

I just did a deal with an old VA (fully assumable) without qualifying loand two weeks. I have another deal comming. There are still deals with these assum. loans. I know about 6 other deals in Las Vegas currently.

Best,

Definitively do title research!

Best,

John

(702) 296-0212
john@millionsaver.com

Las Vegas investor deals, fixer-uppers, OWC, lease/option…
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Assuming the loan trigger the due on sale clause? - Posted by Kevin-rookie

Posted by Kevin-rookie on January 25, 2002 at 02:00:50:

It’s my thought that assumable loans are things of the past. So if that is true, how do you avoid the Due on Sale clause in mortgages? I read thrru an old post but I’m still a bit confused about the subject. Anyone suggest any articles on it?
Can anyone give me a answer?
Thanks for your help!