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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Making an offer to the lender... Posted by SeanW on April 08, 2003 at 4:10 PM In Reply to: Making an offer to the lender... posted by 2nd Fred on April 08, 2003 at 10:56 AM I've seen this question before on other boards... few small investors seem to have any luck assuming a first deed of trust. (Banks have very compartmentalized ways of thinking. Individuals are expected to fill a credit application and face the usual junk fees. Only institutions trade notes between each other.) If you really want the senior, try to get a subject to from the owner and put the deed into a title holding trust so the lender doesn't squawk for it's due-on-sale clause. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : I've seen this question before on other boards... few small investors seem to have any luck assuming a first deed of trust. (Banks have very compartmentalized ways of thinking. Individuals are expected to fill a credit application and face the usual junk fees. Only institutions trade notes between each other.) If you really want the senior, try to get a subject to from the owner and put the deed into a title holding trust so the lender doesn't squawk for it's due-on-sale clause. 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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