|
|
|
| |
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 ]
|
Keller Williams Realty is the 4th largest and Fastest Growing Real Estate Company in North America. Each Office is Independently Owned and Operated. Website design and hosting by iHOUSE ®
|
|