Legal Question in Real Estate Law in Florida
Real Estate
If we find someone that is prepared to assume our home loan at its full value and any liens or incumbents attached to the property, does this remove us from any olbigation we have with the mortgage company. So that in the event of any future deliquencies the mortgage company seeks recourse for the per that has assumed the loan rather than us
Asked on 2/20/09, 2:39 pm
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: Real Estate
No, the mortgage company would have to agree to this arrangement.
Answered on 2/20/09, 4:36 pm