|For Sale By Owners and Buyers Welcome !|
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 ]
Click Here for your Realty Times News Letter.
|Listings/Foreclosures | Orangeburg MLS | Columbia MLS | Commercial Listings | Freddie Mac Listings | Closed Listings | Lots & Land | Buyer/Seller Info | Market Analysis | Mortgage Rates | Dream Home Maker | Mortgage & Insurance | The Brer Pools | Colonial Structures | Photos & Developments | See Our Agents | Contact Us | Employment | Guest Book | Community Info | Schools | Weather Report | Local Phone Numbers | Helpful Things | Help in Relocating | Mortgage Calculator | Helpful Documents | Yahoo City Comparison | Link To Us | Real Estate Links | Home|