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Updated almost 4 years ago,

Nick Fromm's profile image
Nick Fromm's profile image
Nick Fromm
  • Member since May 13, 2020
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Nick Fromm's profile image
Nick Fromm's profile image
Nick Fromm
  • Member since May 13, 2020
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Nick Fromm
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Buying & Selling Real Estate

hello you , I have a question in regards to Assuming A mortgage.

Nick Fromm
Posted

Hello, I found a deal where the owners are sick and want just enough to pay off the mortgage so they can walk away from the property.(Example: client wants/owes 270k and home is worth 380k. If I assume their mortgage, do I need to put a down payment? Also what would be the best way to assume a mortgage?

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