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Old 26-07-2008, 04:57 PM
berniewall berniewall is offline
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Join Date: Jul 2008
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Quote:
Originally Posted by RebelYell View Post
Hi,
another method you can look into is to buy 'Subject-To' the existing finance. You basically take over the existing loan repayments on a property that is usually in foreclosure. You don't need to pay the usual mortgage establishment fees or apply for finance to the bank. This method is actively used by US investors.

rgds,
RebelYell

Do you think the 'subject-to' method would be open to foriegn nationals and how would I find out about it?
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