Property transactions

Question ID: 38679
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If this is possible to do then what happens if that person gets a mortgage after i’ve sold the lead to him am I answerable if he got out a mortgage or is that nothing to do with me?
I am going to send you 2 examples of what I mean in relation to this question: After reading this example which means I am controlling the property only I will not own it immediately but if will have a option to buy in the future. This means that the property will have no mortgage or if it does it wont be in my name it will be in the sellers name. However I will agree to take over his mortgage payments but I will get tenants in who will pay his mortgage and I will take my cut i.e. the difference between the mortgage payment & the rental payment will be my profit.

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Asked on January 1, 1970 12:00 am
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Nothing to do with you

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Answered on January 1, 1970 12:00 am