Rainmaker
1,231,903
1,231,903
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor
Never need a wraparound mortgage but love a colorful scarf to wraparound my shoulders.
Jun 10, 2016 11:52 AM
Upvote
4
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Mary Yonkers
Erie, PA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Tammy Lankford,
Eatonton, GA
Ambassador
2,728,758
2,728,758
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker
See a Lawyer. Chances are you will trigger a Due on Sale clause in the mortgage you are trying to wrap.
Jun 10, 2016 11:29 AM
Upvote
3
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Tammy Lankford,
Eatonton, GA
Ambassador
3,229,858
3,229,858
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville
most mortgages have due on sale clauses that prevent wrap arounds.
Jun 10, 2016 02:33 PM
Upvote
2
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Diana Zaccaro Broker A...
Cocoa Beach, FL
Rainmaker
3,986,529
3,986,529
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
Yes...Many times I have suggested it as an option
Jun 10, 2016 11:02 AM
Upvote
2
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Vern Eaton
Askov, MN
Rainmaker
1,683,918
1,683,918
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN
Rainer
117,040
117,040
A.T. Kippes, Real Estate Broker - San Francisco, CA
Serving San Francisco to Silicon Valley!
Rainer
2,365
2,365
Keller Williams Realty - Port Orange, FL
Broker Associate
Rainmaker
937,975
937,975
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management
No, but this question sounds familiar. You may want to look it up for additional responses.
Jun 11, 2016 02:47 AM
Rainmaker
5,634,922
5,634,922
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired
Rainmaker
1,765,698
1,765,698
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance
Rainmaker
3,075,301
3,075,301
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty
Rainmaker
1,019,448
1,019,448
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582
Rainmaker
5,468,592
5,468,592
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker
Rainmaker
4,434,277
4,434,277
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Rainmaker
4,840,117
4,840,117
Pasadena, CA
Pasadena And Southern California 818.516.4393
Rainmaker
1,125,859
1,125,859
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida
Rainmaker
4,467,493
4,467,493
Glendale, CA
Ruth Mary Hansen No. I have not. But it is done in certain market conditions.
Jun 10, 2016 01:47 PM
Rainmaker
2,234,971
2,234,971
CinaJones Real Estate - Cedaredge, CO
Your Real Estate Resource for Delta County
Rainmaker
3,988,194
3,988,194
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
I wrote several contracts back in the 80's that featured this creative financing tool but not since the 80's.
Jun 10, 2016 01:08 PM
Rainmaker
634,582
634,582
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales
Rainmaker
5,422,863
5,422,863
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones
Rainmaker
942,229
942,229
Realty One Group Capital / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor
Rainmaker
1,466,257
1,466,257
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA
Ruth Mary Hansen I have never taken part in a wrap, but they were pretty popular when I first got into real estate. There were a lot of assumptions back then that didn't have an acceleration clause.
Jun 10, 2016 08:46 AM