Assuming Deed

Hello everyone,

I was wondering the process of a seller deeding over a property or having me (the investor) assuming the loan. Does this happen a lot and is there any fees involved? I was also wondering if by doing this I need to fit the banks standards to carry the property. (Credit, income, etc.. ) Any insight would be appreciated.

Thanks

Comments(1)

  • linlin12th December, 2004

    i think you might have more answers in the subject-to forum

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