Document-based workflows can consume plenty of your time and effort, no matter if you do them routinely or only occasionally. It doesn’t have to be. In fact, it’s so easy to inject your workflows with extra productiveness and structure if you engage the proper solution - DocHub. Sophisticated enough to handle any document-related task, our software lets you adjust text, pictures, comments, collaborate on documents with other users, generate fillable forms from scratch or templates, and digitally sign them. We even shield your information with industry-leading security and data protection certifications.
You can access DocHub instruments from any place or system. Enjoy spending more time on creative and strategic tasks, and forget about tiresome editing. Give DocHub a try right now and see your Assumption Agreement workflow transform!
[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