|
|
|
|
|
Read all the latest Buying Investment Property News
here. |
Current Featured Article is :
There is No "Due on Sale Jail"
by William Bronchick
The "due-on-sale" clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the due-on-sale and suggest a simple, yet effective strategy to get around it
What is the Due-on-Sale Clause?
Before we discuss how to get around the due-on-sale, we must understand what it is and where it came from. The due-on-sale (a.k.a "acceleration clause") is a provision in a mortgage document which gives the lender the right to demand payment of the remaining balance of the loan when the property is sold. It is a contractual right, not a law. This means that if title to the property is transferred, the bank may (or may not), at its o...
[ Read Full Article Here ] |
|
| Most Popular Real Estate Investing Related Categories |
|
Real Estate Investing Related Web
Sites |
|
|
Read all the latest Real Estate News
here.
Read all the latest Foreclosure News
here.
E-mail This Site to a Friend Deals on Electronics
|
© Copyright 2008 Buying Investment Property
This site contains links to other sites on the
Internet. These links are provided for your convenience. Links to another site
do not constitute approval or endorsement of that site or its products or
advertisements.
No warranties or representations are made as to
the accuracy or completeness of the information contained on this web site. This
information and the products and services are provided "as is" "as available"
without any warranty of any kind, either expressed or implied, including but not
limited to, the implied warranties of merchantability, fitness for a particular
purpose, and non-infringement. |
|