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Recent content by copperpenny22

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    Liability of mortgagor when another assumes the mortgage

    What is the name of your state (only U.S. law)? Florida More than 25 years ago, I sold a Florida condo, with the new owner assuming my mortgage. Am I liable for this debt if the new owner(s) has defaulted on the mortgage payments? If the amortization plan of my loan was 25 years or less, am I...
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