Posted by SusanL.–FL on December 11, 2000 at 09:58:25:
Pay your mortgage payment on time each month and make sure the insurance policy on the property is enforce.
You should be OK.
As long as the bank gets their money, they’ll usually leave you alone.
wraps - Posted by elyce
Posted by elyce on December 09, 2000 at 11:14:48:
What ABSOLUTLY has to be done(or not done)to avoid triggering the Due on Sale clause in a wrap around situation? Is it just a matter of making sure the underlying lender is paid on time? Maybe by using a third party(lawyer or escrow co)?