subject to financing - Posted by tat76

Posted by David Garcia on January 29, 2002 at 18:06:26:

You need to show a letter of discharge, that states that they are no longer responisible for the loan.

subject to financing - Posted by tat76

Posted by tat76 on January 28, 2002 at 16:21:29:

If I buy a house “subject to”, how will the seller acqire a new loan. What do lenders need as far as showing proof of payment of existing mortgage?

Thanks,
TAT