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Updated over 7 years ago,
How Are Subject-To Sellers Able to Qualify for New Mortgages?
Hey BP, I am almost ready to present a Subject-To offer to a prospective seller and this question popped up in my mind: If the seller agrees to the deal and a couple years from now is able to buy a new property, how will the fact that it is still his name on the mortgage affect his chances of getting the new loan he needs to buy the new property?
In this specific deal I'm looking to keep the property.
Thanks for your comments!