Buying a lot in Oregon sub 2

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Posted by Micheal in Oregon on January 09, 2010 at 16:41:55:

I have never done a sub 2 deal so am a little apprehensive about it. Are there any issues I shoud be particularly careful with in buying a lot subject 2 existing financing in Oregon? Seller's brother is a RE layer. Should we use him or is this a conflict of interest on seller's part? Holder of note is a local credit union and the financial community is relatively small. Is this a potential problem with respect to the due on sale issue?
Property is listed. Do I just pay commissions?

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You'd get FREE RE agent John Merchant 18:28:29 01/09/10 (0)

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