Q. Is Subject To a transaction between you and the lender/mortgage company or you and the seller/homeowner?

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Q. Once you have a acquired a property via subject to what is the most important thing to do while you own the property?

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Q. What are the benefits of using the Land Trust in a Subject To deal?

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Q. How many main parties are there in a Land Trust and what are their titles?

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Q. What are the functions and roles of those parties?

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Q. What are some of the things you need to find out immediately when talking to a potential seller?

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Q. Who is responsible for mortgage payments in a subject to transaction?

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Q. What are the many ways to alleviate back payments if there are any?

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Q. Can you name some professionals you should network with and/or have on your team as part of your real estate investing business and why?

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Q. Can you name some of the purposes and benefits of the Property Manager With Limited Power Of Attorney document? (LPOA)

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Q. When do you have your Seller/Homeowner sign the Contract/Agreement?

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Q. What is the purpose of the Affidavit of Equitable Interest and when should it be used?

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Q. What is the first Document/Form you have your seller complete?

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Q. What is Due Diligence and the some of the steps?

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Q. What Is a “due on sale clause”?

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Q. What is a reason a lender “could” call the loan due?

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Q. Is there an automatic trigger or event that can initiate the “due on sale clause”?

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Q. Should the Option Payment be used as a down payment towards the purchase of the home by your tenant buyer?

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Q. What’s a good length of time to set for closing?

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Q. A good strategy is to lease the property back to the homeowner/Seller/    True or False?

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Q. Name 3 CYA Documents?

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Q. Name 3 marketing strategies?

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Q. What are the ways to do a title search and why?

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Q. What is the difference between a Quit Claim deed and a Warranty Deed?

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Q. What is a strategy for acquiring a property without no money paid to the Seller/Homeowner upfront or at all in many cases?

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Q. What are some ways to not only acquire the deed and keys to a property but also have the seller pay you in a subject to transaction?

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Q. Why is it important to keep paper copies as well as digital copies of your documents?

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Q. What is the website of the County recorder’s office or where deeds are recorded in your county?

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Q. In most cases the Option Payment received from your tenant buyer is refundable. True or False?

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Q. Should you perform a closing with a title company/attorney or can you or should you perform the closing yourself?

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Q. It is a good idea to advertise and market your mortgage relief program and rent to own program on the same website? True or False?

Q. What document or form is used when a seller gives or leaves personal property or items with the house?

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Q. What is a zombie property?

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Q. How does a bankruptcy affect a subject to deal?

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Q. You are assuming the mortgage in a subject to transaction. True or False?

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Q. Which documents have to be notarized by the Seller/HomeOwner?

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Q. What is the name of the document that is used if the Seller/Homeowner or your Tenant-Buyer is making installment payments to you?

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Q. What important things must you find out if you acquire a Subject To property that has a Homeowner Association (HOA)?

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Q. What is the only closing document that should be recorded right away?

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Q. What closing document should never be recorded?

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Q. When does your Trustee have the right to do anything related to the property?

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Q. Should you keep the existing insurance in place on the property or should you get a new policy?

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