| QUESTIONS | CATEGORIES | BLOG | PROFILE | Login | Register |
ASK QUESTION
Real estate → Home mortgages and real estate financing
ANSWERS: 1
  • Tom Fisher
    Taking title subject to the mortgage, means that the mortgage continues to encumber the property but you are not personally liable to pay the mortgage. Assuming the mortgage means that you are agreeing to be personally liable to pay the mortgage.
    No comments

RELATED QUESTIONS

ABOUT ANSWERBAG

Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy