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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] payments on a "subject to loan" Posted by Gonzalo on May 08, 2002 at 8:45 AM Ward, What is the common arrangement when making monthly payments on a "subject to existing loan"? Does the one who bought make the payments payable to the one who sold, and he one who sold makes the payments to the bank? Or does the one who bought make the payments directly to the bank? If so, then how do you prevent the bank from being suspecious about a change of title, since they are going to be getting cheks with somebody eleses name? Thanks! Gonzalo Follow Ups: Doing a "subject to" transaction without any untoward notice.. Ward-CA- 6:34 AM, 05/09/02 (0) Doing a "subject to" transaction without any untoward notice.. Ward-CA- 6:33 AM, 05/09/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : What is the common arrangement when making monthly payments on a "subject to existing loan"? Does the one who bought make the payments payable to the one who sold, and he one who sold makes the payments to the bank? Or does the one who bought make the payments directly to the bank? If so, then how do you prevent the bank from being suspecious about a change of title, since they are going to be getting cheks with somebody eleses name? : Thanks! : Gonzalo Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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