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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Tag: due-on
Regulating around the due-on clause
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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