First Real Estate
(800) 447-1304 out of state



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  Assumption Clause

A provision in an assumable mortgage that allows a buyer to assume responsibility for the mortgage from the seller. The loan does not need to be paid in full by the original borrower upon sale or transfer of the property.

 

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just south of Hendersonville & Asheville, NC and just north of Spartanburg & Greenville, SC.


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