Does someone assuming your mortgage release you from all liability? My husband's ex wife is trying to assume the mortgage instead of re-financing like she is supposed to. If she is allowed to do this, will he be released from all liability even if she gets foreclosed on? His VA entitlement is also in the [...]

If I assume a mortgage will I still qualify for the 1st time home buyers credit? My Landlord made me what seems to be the deal of a lifetime. They are willing to let me assume the mortgage on their house without having to pay them for the equity gained through their payments, which I [...]