To Do's and Cautions when doing a SubTo Deal - Thurs, June 8@12pm CST

What Mortgage Paperwork is Needed?

*current statement
*payoff
*reinstatement
*promissory note
*Best way to do this is via conference call with you, seller and lender

What Type of Authorization is Required?

*Get an authorization allowing you access to the lender
*Also get authorization for us to have access to the mortgage company
*Get online access to the mortgage

How Do You Setup The Homeowner's insurance

*Most common reason for wraps to fail
Process
*Seller cancels their insurance
*Buyer gets new insurance
*Seller is an additional interest
*Lender is listed mortgagee's clause

How Do You Protect the Seller, Buyer and Yourself with Insurance

Видео To Do's and Cautions when doing a SubTo Deal - Thurs, June 8@12pm CST канала Alex Sanders- Houses Cash