BONUS EPISODE: I Had The Due On S...
BONUS EPISODE: I Had The Due On Sale Clause CALLED & I Called The Bank To Get OUT

Real Freedom por Ryan Weimer

Notas del episodio

The dreaded DUE ON SALE CLAUSE! In this video I call the bank LIVE to find out what that means and how to get out of it.

In the end I avoided having to pay the note back at all! In fact I was able to get clear instructions from the bank on what they needed to resume the payments as normal. A simple contract for deed!

Roughly ~2% of all subject to property notes get called due, and this was my first time. With this information from the lender I was able to do a contract for deed with the title company, sent the documents to the lender... and BAM - good as new!

I resumed my monthly payments as if nothing ever happened. The due on sale clause can be scary but remember - there is a solution for everything if you stay calm.