|
|
|
| |
Assumption Clause A provision in an assumable mortgage that allows a buyer to assume responsibility for the mortgage from the seller. The loan does not need to be paid in full by the original borrower upon sale or transfer of the property.
| |
[ Back To Real Estate Glossary ]
|
If you know of anyone who is thinking of buying or selling Real Estate, please tell them to contact me (413-519-9450).
Real Estate Websites by iHOUSEweb, Inc. ®
|
|
