Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
You can't do a wraparound mortgage where there's a due on sale clause.
And I promise you there's a due on sale clause on that.
I promise you there is.
So, yeah, that's what you get into.
Scary, scary, scary, scary.
Yes, get refinanced as soon as possible.
And go buy insurance on your property today.
Go buy homeowner's insurance today.
Forget that they've got it.
And no, we're not paying them for it.
Because paying their policy is ridiculous.
But that's why they didn't want to change the policy.
Because when you change the policy names out, it tells the mortgage company that we've sold the house.
And it activates the due on sale clause.
Well, it's just dumb.
It's somebody doing real estate on TikTok.
That puts this hour of the Ramsey Show in the books.
We'll be back with you before you know it.
In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus.