Is it possible to overcome the due on sale clause in a subject to deal? In this video, I'll discuss overcoming the due on sale clause on a subject to deal. In addition, I’ll show you how to get paid four times from the same deal.
A subject to deal in real estate refers to a property that is not yet fully owned by the buyer. In other words, the seller retains some ownership of the property until a certain date or condition has been met. This can be done in many ways, but it usually involves selling the house to someone else and then having them sell it again to you at some point in time.
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To those buying a subject to deal, be sure to watch this video! I'll teach you how to get around the due on sale clause and make the most of your purchase. From negotiation tactics to using strategies, I'll show you everything you need to know to get the best deal on a subject to deal!
When buying subject to deals, the seller will often include a due on sale clause. Meaning that if you don't take the subject within a certain number of days of the sale, the seller can resell the subject to someone else.
Although this might seem like a difficult clause to overcome, you can do a few things to make it easier. First, make sure you understand the clause and what it means. Next, is to gather the best information possible to help you navigate through the process. Finally, watch this video to learn more about what powers you have in this scenario.
If you enjoyed the content, then remember to like, comment, and subscribe for more. Also, don't forget to check out my other videos and leave a comment below if you have any questions or comments about this video. Thanks for watching!
Show Notes:
0:00 Intro
0:20 Subject To Deals
1:35 The Situation
6:22 Protect Your Interests
9:20 Payday
14:04 Outro
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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How To Overcome The Due On Sale Clause On A Subject To Deal
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