How do you avoid the due on sale on the first in a wrap situation? - Posted by Rob C

Posted by David Alexander on March 28, 1999 at 14:17:14:

Using a land trust…

Go read all the material by Bronchik on this site. That will explain the details of creating and using land trusts to “avoid” the due on sale clause. After that come back and you’ll be able to ask specific questions. Probably better addressed to Newsgroup 1.

David Alexander

How do you avoid the due on sale on the first in a wrap situation? - Posted by Rob C

Posted by Rob C on March 28, 1999 at 09:53:03:

If I wrap a first with a due on sale, how do I get around getting caught by the lender?

RobC