Because that is an important distinction to make.For you situation, say you put 30% down and borrowed 70% LTV.

Whether you get a new loan yourself or assume one is mostly immaterial to you, outside of the terms of the loan itself.Assuming a loan is distinct from seller-financing, though, so be sure not to use the two interchangeably.Hope that helps!

It is a very real and distinct possibility that many Tenants will view Covid-19 as an opportunity to not pay rent for 3 to 6+ months and then sacrifice their ethics and decide to break the lease and forgo their security deposit because the numbers makes sense.

@Peter Walther I think there is a huge distinction when the party in possession is the former owner.

While e-commerce has been growing quickly and increasing its share of retail spending, Americans finished the decade making 84% of their purchases in retail store locations with the total dollars spent in-store increasing by over 26%, from $2.4 Trillion to $3.2 Trillion, over the past 10 years.As retail has changed, the distinction between a purchase made through the internet and a physical location has been blurred.

There are over 100 submarkets in Chicagoland when you count all the distinct areas in the city proper, plus all of the surrounding areas.

You may have trouble getting an agent who's going to be an expert in more than 1 because they are so distinct. 

@Demitrius Halliburton You have a distinct skillset that is very helpful. 

There is a clear distinction between owner-occupant (house hacking loan), conventional loans, and commercial loans.

I didn't see a distinction between an Owner's and Mortgagee policy or a carve out for DC.