|
|
|
| |
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 ]
|
We are an OREGON GROWN, FAMILY OWNED AND OPERATED company.
Terri Popejoy, ABR, SFR, Principal Broker, 503-330-0400
Real Estate Websites by iHOUSEweb, Inc. ®
|
|
