Richard Reichmann's Articles in Real Estate Selling

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Secret Loopholes Of The Due On Sale Clause The game for us is how to transfer ownership to the property without getting caught by the lender. You could simply get the owner to sign you a deed and not record it, but this method is problematic (for example, what if the seller gets a judgment against him?). Enter the "trust assignment trick. There is No Due on Sale Jail In 34 years of buying and selling real estate I have never had a lender call on loan on me. Remember folks you bank want's the money not the home. Could it happen, absolutely. Is it likely to happen, no. Always Protect Your Sellers Credit And Your Own Reputation Folks, the real estate preforeclosure business is a simple business. don't complicate it by taking advantage of your sellers. If you do, I suggest you find another business before you hurt someone financially.

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