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Re: How to waive a Due on Sale clause

Posted by Troy on August 07, 2001 at 4:25 PM

In Reply to: Re: How to waive a Due on Sale clause posted by Ward-CA- on August 07, 2001 at 2:44 PM

Thanks, Ward. Yes, it does help.

After you send the letter to the lender, which do you find more often:
1) The lender is concerned about the change of ownership and takes appropriate action, or
2) They're just happy the loan has been brought current and take no action as long as the payments keep rolling in?



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