Today I'm negotiating a Subject To creative finance real estate deal over the phone. Our main goal is to help people that can't sell their home the traditional way. We do that by offering them alternative ways to sell when nobody else can help them. The Subject To strategy often allows our sellers to get some money in situations where they normally would have to bring money or get nothing when they sell. This phone call will show you how to set up the Subject To and further make things 100% clear of what your intentions are with the property. Remember, you turn into a Super Hero when you learn this strategy so you better use your powers for GOOD!
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00:00- Intro
2:23 - You have to know the mortgage information on the loan
4:45 - How we offer Subject To to the seller or home owner
8:32 - The foreclosing attorney will know the principal balance
9:20 - If the seller files bankruptcy, you need to get the discharge papers and the back payments on the loan
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