Real Estate - Dallas, Texas, United States
Equity Assurance, LLC was founded with the real estate Investor in mind. As real estate investors there is a great deal of opportunity in "subject too" and/or "wrap" transactions. However, currently the "subject too" and/or "wrap" transaction is always subject to the existing mortgage company exercising their legal rights to foreclose on the subject property based on the "Due On Sale Clause" which is contained in all mortgages and/or deeds of trust on real property. Equity Assurance, LLC has the ability to provide coverage in the event that the existing unsatisfied mortgage that is to remain in place after the transaction has completed decides to exercise their rights under the aforementioned "Due On Sale Clause". In the event, that the "Due On Sale Clause" foreclosure is initiated by the existing mortgage company and/or bank, Equity Assurance, LLC will interject into the foreclosure transaction to cure the "Due On Sale Clause" for the investor by assuring that the covered loan and terms will remain in place.