Legal Question in Real Estate Law in New Jersey
NJ Real Estate: Can I purchase a property "subject to" the existing financing, obtain a "Quit Claim" deed, continue to make payments on the existing loan?
And then have the property leased to a third party?
Asked on 2/04/13, 9:23 am
1 Answer from Attorneys
Robert Davies
The Davies Law Firm, P.A.
You might be able to. But you need a really sharp lawyer to handle this and reduce your risks. And you have some very big risks with this.
Answered on 2/04/13, 9:43 am
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