Re: Assuming or Taking Over Delinquent Apartments

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Posted by James Harris on January 31, 2010 at 21:55:07:

In Reply to: Assuming or Taking Over Delinquent Apartments posted by William on January 31, 2010 at 19:09:40:

You may not be able to assume the property from the lender. However, you may have a better chance in assuming the property from the current owner. Offer to catch up the back payments if the owner would deed the property to you, then they could walk away.

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