Posts Tagged ‘mortage loan assumption’

What kind of fees and conditions should I expect with a mortgage assumption (take over)?

Saturday, November 28th, 2009

I was discussing mortgage assumption with a friend, (a term I hadn’t heard of before), and was told that if I am seriously ready to look at a first home that I should take over someone’s mortgage rather than begin one of my one, as I would not have to pay any kind of a [...]

I need to find someone to assume my house loan. How do I get started?

Friday, July 3rd, 2009

I’m recently divorced and my oldest son just moved out. I don’t have the money to fix it up, but I want to find someone to Assume my loan. I did start removing wallpaper from the previous owners and I’m painting. But it’s a nice size house and I just need to get rid of [...]