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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Selling subject to Posted by Testing followup to archive on April 05, 2003 at 8:59 AM In Reply to: Selling subject to posted by Ward-CA- on July 01, 2002 at 10:14 AM Here's my test message. : : Hi Mr Ward, when you buy a home subject to existing loan, is it possible to also sell it subject to existing loan? Would the same person that sold it to you have to sign the paper work? If not, then how would you proceed? : =•=•=•=•=•=•=•=•=•=•= : Hey, Mr. Rick, : Sure, you could pass on an existing loan that you took subject to when you bought the house. : The seller you dealt with when you bought the home is not required to participate in your resale. You would proceed as the seller and sign all the traditional paperwork required of a seller in your state. : Using the services of an escrow company and a title company would make your task much easier if you don’t have a lot of experience. : : Good luck. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Here's my test message. : : : Hi Mr Ward, when you buy a home subject to existing loan, is it possible to also sell it subject to existing loan? Would the same person that sold it to you have to sign the paper work? If not, then how would you proceed? : : =•=•=•=•=•=•=•=•=•=•= : : Hey, Mr. Rick, : : Sure, you could pass on an existing loan that you took subject to when you bought the house. : : The seller you dealt with when you bought the home is not required to participate in your resale. You would proceed as the seller and sign all the traditional paperwork required of a seller in your state. : : Using the services of an escrow company and a title company would make your task much easier if you don’t have a lot of experience. : : : : Good luck. 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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