Posted by Ben (FL) on July 30, 2003 at 11:24:40:
You’re thinking too much. Sounds like you’re concerned about getting “caught” and sent to “Due on Sale” jail. It doesn’t matter. The lender the sellers are borrowing from to buy their new home are not in cahoots with the lender of the loan you took over ‘subject to.’ Even if it’s the same lender, chances are the new loan department and loan servicing department do not communicate. So, on this HUD-1 you just put yourself, or you company, or whomever was listed as the ‘buyer’ on your sales agreement (if you had one). They show it to their new lender.