When signing a contract with a "Subject to" clause where the investor would essentially hold title to the property, but the mortgage would stay in the original owner's name, how is the original owner protected from me or anyone else if the payments go into default? Remember, the deed would now be recorded in my name.
"Subject to's"
When signing a contract with a "Subject to" clause where the investor would essentially hold title to the property, but the mortgage would stay in the original owner's name, how is the original owner protected from me or anyone else if the payments go into default? Remember, the deed would now be recorded in my name.