We Buy Houses Subject-To the Existing Loan — Las Vegas Subject-To Specialists
Sell My House Pro is one of the few home buyers in Las Vegas and Nevada that specializes in subject-to real estate transactions. If you owe more than your home is worth, are behind on payments, or facing foreclosure, a subject-to deal may be the best — or only — path forward for you.
What Does “Subject-To” Mean?
In a subject-to transaction, we purchase your home subject to the existing mortgage remaining in place. You sign the deed over to us. We take over making the monthly mortgage payments. You are free of the financial burden of the property — without having to pay off the loan at closing.
Your name stays on the mortgage until we refinance or sell the property, but we are contractually obligated to make all payments. This is documented in a formal purchase agreement and completed through a title company.
Who Is Subject-To Right For?
- Facing foreclosure — we can close fast enough to stop the sale and protect your credit
- Underwater on your mortgage — owe more than the home is worth, so a cash sale won’t work
- Behind on payments — we can take over and bring the loan current
- Divorce — need to separate from a jointly-held property quickly
- Job loss or financial hardship — can no longer afford the payments
- Inherited property with a mortgage — don’t want to take on the loan
- Relocating fast — need to leave without waiting for a traditional sale
How a Subject-To Purchase Works — Step by Step
- You contact us — tell us your property address and the loan details (balance, payment, lender)
- We evaluate the deal — within 24 hours, we’ll tell you if subject-to makes sense for your situation
- We sign a purchase agreement — documenting that we take over payments, you transfer the deed
- Title company closes the transaction — the deed transfers to us; we begin making payments immediately
- You walk away free — no more mortgage obligation, no foreclosure, fresh start
Subject-To vs. Cash Sale — Which Is Right for You?
If you have positive equity (your home is worth more than you owe), a cash sale is usually the better option — you walk away with money in your pocket. If you have little or no equity, or are underwater, a subject-to sale is the option that actually works.
Compare the two options in detail →
Is Subject-To Safe for the Seller?
We understand this is a serious concern. Here’s how we protect you:
- All terms are documented in a written purchase agreement
- A licensed title company handles the closing — not just a handshake deal
- We can set up automatic payment notifications so you can verify payments are made
- We maintain a strong track record and reputation — our business depends on honoring these commitments
We strongly encourage you to consult with a real estate attorney before any subject-to transaction. We welcome that transparency.
Practical Details Sellers Ask About
Documents to Pull Together Before Your First Call
A recent mortgage statement answers most of our early questions: the servicer, the balance, the monthly payment and whether escrow covers taxes and insurance. If you have received any notices from the lender, an HOA statement or a second loan, set those aside too. Having them on hand lets us tell you quickly whether subject-to is a realistic fit.
Homeowners Insurance After the Deed Changes Hands
Your lender requires the property to stay insured, and the coverage has to reflect the new owner once the deed transfers. Ask exactly how the policy will be set up, who pays it and how the lender remains listed. These details belong in the written agreement, and they are a good item to raise with your attorney during the review.
Property Taxes, Escrow and HOA Dues Going Forward
If your loan has an escrow account, taxes and insurance are paid through the monthly payment we take over. If not, the agreement should spell out who pays them and when. HOA dues are separate from the mortgage, so they need their own plan. Our article on subject-to and HOAs goes deeper on that piece.
Keeping an Eye on the Loan After Closing
Since the mortgage stays in your name, it is reasonable to want to see that payments are made. Beyond the payment notifications we can set up, you can generally keep access to the servicer’s online account or request statements. Checking now and then gives you peace of mind and an early heads-up if anything ever looks off.
Subject-To in Henderson, North Las Vegas and Pahrump
Subject-to is not limited to the city of Las Vegas. We review these purchases across the valley and beyond, from homes in Henderson to houses out in Pahrump. The process is the same everywhere: a written agreement, a title company closing and a clear plan for the payments.
Ready to Talk Through Your Situation?
Call us at (877) 800-3187 or fill out our form. Subject-to deals are time-sensitive — the sooner you reach out, the more options you have.