Are All Type Of Mortgages Un-assumable ??

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Are all type of Mortgage unassumable or it varies from Lender to Lender ?? usual apologies for my ignorance ! Thx :coolgrin:

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  • jfmlv195015th August, 2003
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    Hi qwikm,

    Ever since the later 1980s, mortgages have become non-assumable.

    Fortunately, we in the investing world can still purchase properties “Subject to” the existing financing, which is almost as good as the old assumptions.

    Best of luck

    John (LV)

  • qwikm15th August, 2003
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    Reply

    John,

    Thank You for your post. Even better, it is great to see you back in the forum.

    Best wishes on your health and happiness !

    Regards

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