A well-run subject-to sale protects the seller with a title company closing, a recorded deed, a written agreement and a third-party loan servicer that makes and records every payment. The loan stays in the seller's name until it is paid off, so the protections are about proving that every payment gets made on time.
Two matter most. First, the loan stays in your name, so if the buyer stops paying, late marks land on your credit and the house could be foreclosed on. Second, most mortgages have a due-on-sale clause that lets the lender call the loan when the house transfers. Any buyer who says there are no risks is not being straight with you. The question is how a buyer manages them.
Every payment on your loan runs through a third-party loan servicer, not through our own bank account by hand. That gives you an independent record of each payment and lets you see the loan stay current. The closing happens at a title company, the deed is recorded with the county, and every term is in the written agreement before you sign. What a subject-to sale is explains the full process.
Ask for the title company's name and call it yourself. Ask which loan servicer will make the payments and how you will see them. Ask for references from past sellers. Read the agreement for what happens if a payment is late. A buyer who answers all four clearly is one worth talking to. You pay no commission with us, we buy as is, and we can close in as little as 14 days. 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.
Yes. The third-party servicer keeps a record of each payment, and you can check the loan with your lender at any time.
It is rare when payments are current, but possible. The agreement should state how the buyer would pay off or refinance the loan.
Yes. The deed is recorded with the county at closing, like any other sale.