Rental Business: when buyer must “assume a mortgage” does it mean buyer does NOT need a mortgage broker?


Posted February 28th, 2010 by admin 3 Comments »
business broker
Neil V asked:


Hi All,
When buyer is required by the seller to “assume seller’s mortgage” as part of the purchase, does it mean buyer does not need a mortgage broker to complete the transaction? will the RE agents take care, in this case, of the communication with the SELLER’S BANK regarding the assumable mortgage?
THANKS.

Do I need a business license if I’m a broker?


Posted February 16th, 2009 by admin 1 Comment »
business broker
Tom p asked:


Going to start a rental business with a real estate salesperson in California. Does my brokers license count as a business license? Thanks for your help

http://www.eyeprocedure.com/