due on sale: The Conundrum of the Due on Sale Clause - 08/03/07 01:33 PM
Embedded in paragraph 17 of most mortgages, is the dreaded due-on-sale-clause. It is likely to be the most feared topic in real estate investment circles. That is due in part to the lack of information available on the subject. The term "due-on-sale" means a provision in a contract authorizing a lender, at its option, to demand full repayment of a mortgage in the event that the real property securing the loan is transferred or sold to another party or the borrower neglects to make payments. A due on sale clause is also referred to as an acceleration clause. United States Code … (1 comments)

 
Ron Bouchard (Avion Realty)

Ron Bouchard

Taunton, MA

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Avion Realty

Address: 41 Evergreen Drive, Taunton, MA, 02780

Office: 508(823) 255-0202

Mobile: (774) 218-1862



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