Comments on: Don’t Go Assuming Nothing. Or Maybe you Should? Mortgage Definitions: Assumption http://cahomestrategies.com/dont-go-assuming-nothing-or-maybe-you-should-mortgage-definitions-assumption/ Real Estate Finance Strategies We All Can Understand Wed, 06 Oct 2010 21:28:06 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Matt Freeman http://cahomestrategies.com/dont-go-assuming-nothing-or-maybe-you-should-mortgage-definitions-assumption/comment-page-1/#comment-68 Matt Freeman Thu, 11 Jun 2009 23:10:06 +0000 http://cahomestrategies.com/?p=362#comment-68 Great advice Jon. Great advice Jon.

]]> By: Jon Hodgkin http://cahomestrategies.com/dont-go-assuming-nothing-or-maybe-you-should-mortgage-definitions-assumption/comment-page-1/#comment-66 Jon Hodgkin Wed, 10 Jun 2009 17:17:29 +0000 http://cahomestrategies.com/?p=362#comment-66 Good article Matt... Only thing I would add for anyone looking to assume a mortgage is to keep the exit strategy in mind. Don't end up paying $250k for a house because you get the 4.875% rate that is payment equivalent to a $200k house at 7.5%. A proper appraisal should put a stop to that loan, but hah, you never know. Good article Matt…

Only thing I would add for anyone looking to assume a mortgage is to keep the exit strategy in mind. Don’t end up paying $250k for a house because you get the 4.875% rate that is payment equivalent to a $200k house at 7.5%. A proper appraisal should put a stop to that loan, but hah, you never know.

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