Assumable mortgage

Refers to a mortgage that can be taken over or "assumed" by a third-party. Some assumable mortgages have a fee known as an assumption fee required before the mortgage can be assumed.

FREE Listing Alerts

Sign up today - it's FREE

Foreclosure Deals

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2019. All Rights Reserved.