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Denean Smith
  • Rental Property Investor
  • Columbus, OH
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Assuming a mortgage

Denean Smith
  • Rental Property Investor
  • Columbus, OH
Posted Sep 21 2019, 05:04

I am purchasing a house from a private seller and they are ok with me taking over their payments. I know some banks can require the payment in full once title transfers over. I live in state of Ohio and the mortgage currently sits with TelOhio credit union. I am looking into a real estate attorney but has anyone done this before? Do I need to get the bank involved or is it just a contract between me and seller?

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