What is the process of the due on sale clause and should you be WORRIED about having this acceleration clause called on your loan?

Pace Morby explains why the due on sale clause is not a problem and why, if the paperwork is done correctly, it’s nothing to worry about. He breaks down the entire process of a due on sale clause in a subject to transaction and dives into how he’s overcome the clause multiple times. Are you worried about getting the due on sale clause called on you? If you are, this video is for you!

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Chapters:
0:00 - Intro
1:22 - Pace’s transaction coordination team
2:21 - Seller finance due on sale clause example
4:25 - What is the due on sale clause?
8:45 - Start of a Subto transaction
11:06 - Difference between deed and title
15:04 - When the due on sale clause happens
16:35 - Process of the due on sale clause
20:59 - Extra resources
22:41 - Why you SHOULDN’T worry about due on sale clause

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🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎