Mortgage Monday I Sub-To Worst Case Scenario I Episode 135
About this episode
David and Christian discuss a sub-to real estate deal that went wrong in Panama City, FL, highlighting the risks involved.
On today’s show, David and Christian break down a sub-to deal gone bad in Panama City FL (one of the worst markets in the country). In a terrifying turn of events, the buyer of a sub-to property decided to stop making the mortgage payments but retained title to the property. The seller, needing to avoid foreclosure to retain his security clearance, elected to make payments for 12 months as he fought to get the title back. Today’s show shares how he did it, how it played out, and what a sub-to deal really is. Download today to learn the risks and hear the side rarely discussed!
People in this episode
Host: David Greene
Guest: Christian
Topics covered
- sub-to deals
- real estate
- foreclosure
- mortgage payments
- property title
Keywords
- sub-to deal
- real estate investment
- foreclosure risks
- mortgage payments
- property title
Mentioned in this episode
Places: Panama City FL
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