The due-on threat prevents seller carrybacks
There is an obstacle to the coming wave of carryback sales: the lender’s due-on clause.
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by Carrie B. Reyes | Mar 6, 2017 | Buyers and Sellers, Feature Articles, Loan Products | 1
There is an obstacle to the coming wave of carryback sales: the lender’s due-on clause.
Read Moreby Jeffery Marino | Jun 21, 2013 | Feature Articles, Real Estate | 0
Interest rates are bound to rise, which means the due-on clause will come back to haunt California real estate. This is the first installment of an ongoing series tracking the development of due-on issues in the coming era of rising interest rates.
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