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Updated over 19 years ago on .

User Stats

70
Posts
1
Votes
Kevin Boylan
  • Residential Real Estate Agent
  • Dayton, OH
1
Votes |
70
Posts

effect of "assign to" on sellers credit?

Kevin Boylan
  • Residential Real Estate Agent
  • Dayton, OH
Posted

Hello all,

When you purchase a house by having the owner assign their mortgage over to you "subject to", how does that affect the seller's credit? Does that continue to show up as a debt on their credit report?

Thanks,

Kevin