Skip to main content
Translate
Default
English
Español
Français
Deutsch

User Access


All Weather Insulated Panels -  Ad - GlimpseXR
IKO -  - Dynasty
NFRC - Climbing the Ladder -
Coffee Conversations
Translate
Default
English
Español
Français
Deutsch

Mortgage Information -Off Topic

« Back To Roofers Talk
Author
Posts
September 28, 2009 at 8:35 a.m.

elcid

Read an interesting article on mortgages in our local paper. Seems as though the writer sold his house to a buyer, who "assumed mortgage" over 10 years ago. In the interim, house was sold at least twice, w/ the same terms. Present owner defaulted, and the mortgagor is looking to the writer as recourse. Legally, mortgagor has the law on his side. It could have simply been avoided, had the original sale documents contained the words "FULL ASSUMPTION" of the mortgage.


« Back To Roofers Talk
You must be logged in to reply to this topic.

NFRC - Climbing the Ladder - Banner
Translate
Default
English
Español
Français
Deutsch

User Access


All Weather Insulated Panels -  Ad - GlimpseXR
IKO -  - Dynasty
NFRC - Climbing the Ladder -