Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about mortgage assuming: | |||||||||||||||||||||||
Pros and Cons of Paying Cash for a House
April 22, 2002 "We are turning 50 and soon will be selling our house to buy another. We have no savings aside from the equity in our current house, which is approximately $180,000. We plan to work for another 15 years, during which time we will have available about $1500 a ... more... Are Mortgage Assumptions a Good Deal? November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this?? Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more... |
|||||||||||||||||||||||
mortgage assuming related definitions |
|||||||||||||||||||||||
Assumption
Assumption The agreement between buyer and seller where the buyer takes over the payments on an existing mortgage from the seller. Assuming a loan can usually save the buyer money since this is an existing mortgage debt, unlike a new ... more... Vacation Home Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more... |
|||||||||||||||||||||||
More about mortgage assuming Spanish Mortgages Building a Property Portfolio 100% Funded by Your Bank Manager! What to Look for in a Home Are You Sick of the Financial Insecurity of Fluctuating Seasons and Income? Where To Get Money For a Franchise Idea Fantasy Football Information: Moss Exit Makes Burleson a Star Home Mortgages: Does a No-Closing-Cost Loan Make Sense for You? Probe Before You Sell Is Your Credit Score Costing You Money? Good Credit Is a Necessity for Everyday Living Building Your Dream Home - Part 1
|
|
||||||||||||||||||||||
|