Within the Lot section, you’ll see Asset type (also known as land use ), lot area (in both square footage and acreage), Zoning , Depth , … Find Properties With Delinquent Mortgage Payments. Knowing how to find comps and accurately assess them will directly impact whether you’re able to achieve profitable rental deals. For a person who is seeking creative ways to buy, learning what is “subject to” real estate deals can be one investing benefit. In fact, this is the very same system that sophisticated investors are using to buy and hold properties. Property easements are designed to allow a third party to use a portion of your property for a specific use. There are three sections within this tab – Lot , Building , and Location . If the property is part of the subdivision, the description will name the subdivision and list the lot number. A Quick Overview of Rental Comps. There's absolutely no secret to … How to Find Easement Information on a Property. While there are multiple ways to buy a home, getting the deed is not always easy in certain deals. Rental comps are just as important as sales comps when purchasing a rental property. "Subject-To" is a way of purchasing real estate where the real estate investor takes title to the property but the existing loan stays in the name of the seller. In other words, "Subject-To" the existing financing. Click the Properties item, the Document Properties panel will be added between Ribbon and workspace. A metes and bounds legal description will situate the property according to points of reference, such as landmarks. "Subject To" Real Estate Deals Explained Realtor Consultants: Les & Magda Earls We know, that traditional real estate investing is mainly about buying low and selling high, and making a profit from that difference, usually over time.   Often, investors will use county records to locate borrowers who are currently in foreclosure. Whether they … This is where you’ll find all property-level information to analyze a property’s physical layout. Buying subject-to homes is a smart way for real estate investors to get deals. From what I gather, most mortgage loans these days include a due on sale clause, which gives the lender the right to call the loan due after learning of this transfer of ownership. Then you will view the Properties item at the bottom of View drop down menu list. The investor now controls the property and makes the … Not surprisingly, homes with delinquent mortgage payments represent the epitome of distressed properties. Figure 3: Properties in Edit Menu. You can find the plat map for a subdivision at the same county office that you found your deed. Buyers can’t remove this subject clause during the offer/counteroffer process, unless perhaps they have a lot of equity, and don’t really need a mortgage, or require a relatively small and easy-to-get-fast mortgage. Therefore, the real estate property is “subject to” the seller’s mortgage. Subject To works in every state. Making them a low, subject-to offer can help them avoid foreclosure (and its impact on their credit) and result in a high-profit property for the investor. Passive income can be earned by an investor in the housing industry through a number of ways. You can find properties before they go into tax sales and foreclosure, but should you want to? Based on the real estate comps, the subject property is worth $182,500. ... but they show homes that may be subject to … Subject to financing clauses don’t offer much room for negotiation.