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Assumption Agreement of Mortgage and Release of Original Mortgagors Michigan  Form

Assumption Agreement of Mortgage and Release of Original Mortgagors Michigan Form

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Instructions and help about Assumption Agreement Of Mortgage And Release Of Original Mortgagors Michigan

[Music] on this video i'm going to discuss the  loan assumption process is becoming more and more   popular especially now that interest rates  are higher current loans could be much more   attractive to assume from a buyer so the number  one thing that we are doing as a team is making   sure that we ask every owner that's selling is  your current loan assumable it might be able   to get you a better price because there's better  interest rate financing that a buyer can assume   than the the current rates that are offered  in today's market so let's dive in here's a   couple things you need to know or think about  and do on the front end before assuming alone   we had just put together a loan assumption on a  building in orange county which sparked this video   and these are some of the things that we went  through number one we asked is what is the timing   of the loan assumption process we were told start  to

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