Subject TO - Posted by Rob Williamson

Posted by JHyre in Ohio on March 02, 2002 at 05:53:23:

If the original seller/mortgagor sues you, possibly. I would not sell a house subject-to the original seller’s mortgage debt without getting rid of the mortgage debt first…leaving the original seller’s credit at the mercy of some buyer is irresponsible.

John Hyre

Subject TO - Posted by Rob Williamson

Posted by Rob Williamson on March 01, 2002 at 15:25:01:

If I Purchase a property using a Land Trust, will I be held responsible for the mortgage after I resell, in case of default of payment? Thanks