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Mortgage Assumption

Mortgage Assumption

This is a discussion on Mortgage Assumption within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; My wife and are building a new home that should be completed by early fall. If our current mortgage is ...

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06-16-2008, 10:17 PM

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Mortgage Assumption

My wife and are building a new home that should be completed by early fall. If our current mortgage is assumable, and a relative assumes the mortgage. Does this remove all of our responsilibilites regarding this mortage?

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