DocHub provides everything you need to easily edit, generate and handle and safely store your Assumption Agreement and any other papers online within a single solution. With DocHub, you can stay away from document management's time-wasting and effort-intensive operations. By reducing the need for printing and scanning, our environmentally-friendly solution saves you time and decreases your paper usage.
As soon as you’ve a DocHub account, you can start editing and sharing your Assumption Agreement in mere minutes with no prior experience required. Discover a number of advanced editing tools to blot dot in Assumption Agreement. Store your edited Assumption Agreement to your account in the cloud, or send it to clients utilizing email, dirrect link, or fax. DocHub allows you to turn your document to other file types without the need of switching between apps.
You can now blot dot in Assumption Agreement in your DocHub account whenever you need and anywhere. Your files are all stored in one platform, where you’ll be able to edit and handle them quickly and easily online. Give it a try now!
[Music] what is an assumption agreement the assumption agreement is usually involved a real estate transaction where the buyer is going to take over the mortgage payments of the seller so the buyer takes over the payments or assumes those payments and starts making the payments now the if you have an assumption agreement uh with the lender uh then you have to have all parties agree to that that the buyer will make the payments and the lender recognizes the buyer as the new uh borrower and the new borrower is continue is the one that is liable for the loan however most lenders do not release the seller or the person who initially made the loan so theyll hold both parties responsible so an assumption agreement is between the lender the person who borrowed the money or the person thats indebted and the person whos taking over the loan payments and thats what the assumption agreement is if you have any questions about it give me a call at 727