What is Subject To?

Subject to is a process in which property is transferred from a distressed seller to a new owner but the existing mortgage is still in place and serviced by the new owner.

Will I have to move out of my house?


What if I have liens or back taxes?

Depending on the amount owned we would still be able to take title subject to the existing financing.

How would we close the deal?

We would close thru a lawyer or a title company.

What if the due on sale clause comes up?

We would first negotiate with the bank to stop the due on sale process. If that doesn't work, we would refinance, sell the house or if the amount owed is low enough, we would pay out of pocket.