Yes. Golden Path Homes buys houses with little or no equity by taking over the existing mortgage payments, called a subject-to sale. The deed transfers at a title company, any missed payments are brought current at closing, and you walk away without paying commissions or bringing money to the table.
Because a normal sale has to pay the loan off, and the costs of selling come out first. Agent commissions, seller closing costs and the repairs a buyer asks for can add up to more than the equity you have. When that happens, the sale only closes if you bring a check to the closing table. Most sellers in that spot cannot, so the house sits, even though someone would buy it.
Instead of paying your loan off, Golden Path Homes buys the house subject to the existing mortgage. At a title company closing the deed transfers to us and is recorded in county records, a real, completed sale. The loan stays in place and we take over the monthly payments, which are made through a third-party loan servicer so there is an independent record of every one. No payoff means the price does not have to clear your balance plus selling costs. What a subject-to sale is covers the mechanics step by step.
The missed payments are brought current at closing through the title company. That is why a subject-to sale can work when a foreclosure is getting close and a listed sale could never close in time. The earlier you call, the more room there is to work with.
Yes, until it is paid off or refinanced. That is the honest trade of a subject-to sale: the deed and the house are ours, but the loan stays on your credit, so on-time payments matter to you. The third-party servicer records every payment, and the terms of the sale are in writing before you sign. Most mortgages also carry a due-on-sale clause that lets the lender call the loan when the house transfers; it belongs in the conversation and in the agreement.
In as little as 14 days. The title company runs title, brings any missed payments current and records the deed, and you walk away without paying commissions. Start at our sell page.
Tell our team about the house and the loan. No commissions, no repairs, and a closing in as little as 14 days.
No. You sell directly to Golden Path Homes, so there is no agent commission.
Payments already missed stay on your report. Once the loan is brought current and paid on time, no new late marks accrue.
We buy as is. You do not fix anything before closing.