Subject-To Agreement

Subject-to Agreement: A Solution for Selling a House in Distress

Selling a house can be a daunting task, especially if you are facing financial or personal distress. Finding a buyer who can take over your existing mortgage payments can provide a quick solution and help you move on with your life.  

What is a Subject-to Agreement?

A subject-to agreement, short for "subject to the existing financing," is a real estate transaction where the buyer takes over the existing loan payments that are already in place. As the seller, you are relieved of making the loan payments, insurance, taxes, and other costs of ownership, as the buyer assumes all of these responsibilities. This arrangement allows you to walk away from the property and the financial burden associated with it.

Benefits of Selling a House with a Subject-to Agreement

Quick Solution for Homeowners in Distress

A subject-to deal provides a quick solution for homeowners who may be facing financial or personal distress. It allows you to transfer the ownership of the property without waiting for buyer financing to be approved. This can be particularly beneficial if you are behind on mortgage payments and facing foreclosure or if you need immediate cash due to sickness or divorce.

Avoid Ruining Credit Rating

With a subject-to agreement, you can avoid ruining your credit rating. Since the mortgage, which the buyer is paying, is still in your name, you have the opportunity to rebuild your credit while avoiding foreclosure. This can be a crucial factor in getting back on track financially.

Savings on Broker Fees

One of the advantages of selling your house through a subject-to agreement is the ability to avoid broker fees. Unlike traditional home sales where you would need to involve a real estate agent and pay a commission, the subject-to agreement allows you to bypass these additional costs.

Why Choose Reliable Enterprise?

At Reliable Enterprise, we specialize in helping homeowners sell their properties using subject-to arrangements. We understand the challenges you may be facing and strive to provide a smooth and stress-free selling experience. Here's why you should choose us:

Trustworthy and Vetted Buyers

Our buyers are fully vetted, and we take extra steps to ensure that your payments are made on time. We prioritize the security and integrity of the transaction, giving you peace of mind throughout the process.

No Commission or Closing Costs

When you work with Reliable Enterprise, you won't have to worry about paying a commission or bearing the burden of closing costs. Our process is designed to save you money and provide you with a fair and transparent selling experience.

Personalized Service and Support

We understand that selling a house can be an emotional journey, especially when you are facing financial or personal distress. Our knowledgeable staff is here to provide you with personalized service and support. We will guide you through every step of the process and ensure that your needs are met.

Get Started Today

If you are looking for a solution to sell your house quickly and efficiently, consider a subject-to agreement. Contact Reliable Enterprise today at 412-212-0261 to book a free, no-obligation appointment. You can also fill out our contact form, and our knowledgeable staff will get in touch with you. With Reliable Enterprise, you can confidently move on and rebuild your life, knowing that you are in capable hands.