Wendy Patton – Get the Deed “Subject To”

Many sellers want to sell their house, but the market is depressed and they need help. Some sellers are unable to sell, while others may be in pre-foreclosure and require a way out. Subject Tos are a terrific method to buy real estate without spending your own money. Sellers may sometimes PAY YOU to remove their deed! Interesting? Continue reading!

Learn how to buy a home without needing any extra cash or credit. It appears unlikely that someone would give you the deed to their property without first paying off their mortgage. This implies that their mortgage remains in place, and you only make payments on it. Some folks may even pay you in cash if you accept their deed! A subject to is when the seller transfers ownership of their house to you but keeps their mortgage in place for you to pay. There is no loan qualification, and many merchants nowadays will do it for you.

Wendy advises only accepting the deed or performing a subject to when the seller has equity to give up and a strong mortgage in place that will not alter. If this isn’t the case, consider using the lease option technique.

Wendy demonstrates how to detect the difference and arrange transactions properly in this lesson. While other investors write cheques and risk their own money, you will retain all of your money in your pocket by using a piece of paper (the deed) instead!

This course will teach you:

How to convince the seller to give you their deed.
How to Legally Protect Yourself
Where to look for sellers with equity and reasonable mortgage payments.
What to reply when the seller asks inquiries or raises issues.
How to calculate a deal’s profitability and then shape your offer around it.