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Old 09-28-2012, 01:10 AM   #112
LAHAL
Draft Pick
 
Join Date: Oct 2011
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Can people still assume a mortgage?

I currently own a townhouse that I have rented out. The value of the property is lower then the mortgage, so I can't sell it.

I want to buy a bigger house and don't want my townhouse to effect me qualifying for what I want.

So, can someone still assume a mortgage?

Thanks.

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