Mortgage Loan Assumption » Business http://www.assumptionlink.org Information On Mortgage Loan Assumptions Fri, 27 Jan 2012 01:37:53 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Rental Business: when buyer must “assume a mortgage” does it mean buyer does NOT need a mortgage broker? http://www.assumptionlink.org/rental-business-when-buyer-must-assume-a-mortgage-does-it-mean-buyer-does-not-need-a-mortgage-broker/ http://www.assumptionlink.org/rental-business-when-buyer-must-assume-a-mortgage-does-it-mean-buyer-does-not-need-a-mortgage-broker/#comments Tue, 05 Jul 2011 20:30:40 +0000 admin http://www.assumptionlink.org/rental-business-when-buyer-must-assume-a-mortgage-does-it-mean-buyer-does-not-need-a-mortgage-broker/ Question by Neil V: Rental Business: when buyer must “assume a mortgage” does it mean buyer does NOT need a mortgage broker?
Hi All,
When buyer is required by the seller to “assume seller’s mortgage” as part of the purchase, does it mean buyer does not need a mortgage broker to complete the transaction? will the RE agents take care, in this case, of the communication with the SELLER’S BANK regarding the assumable mortgage?
THANKS.

Best answer:

Answer by sar
best to ask your attorney this question

What do you think? Answer below!

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