What is the difference between taking over a home loan and taking out a home loan?
Benefits: -Low-cost option. Instead of paying closing costs, with HomeAssume.com, you only pay two fees: One to register and one to facilitate the transaction from seller to buyer. -Buyers can potentially assume a mortgage at a lower interest rate and little or no money down. -Sellers won’t have to pay a percentage to a real estate broker, which can end up being thousands. -Offers the seller the opportunity to get out of a loan/housing situation that no longer works for them. With HomeAssume.com, no one is “stuck.” -Cuts out the middle man (brokers).
