With the increase in interest rates our customers are asking settlement agents nationwide about creative financing options. In many cases, the Company can close and insure these types of transactions with some limitations. First, we define these creative financing methods:
Subject To: The buyer purchases the property subject to the existing lien. Usually, the buyer agrees to make the payments to the lender on behalf of the seller, but the lender is not notified the property is being transferred. The seller remains obligated to the repayment terms of the note. Since the buyer
