Broker Buyer Mortgage
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Assumption of mortgage - Assumption of mortgage is the purchase of mortgaged property whereby the buyer accepts liability for the debt that continues to exist. The seller remains liable to the mortgage lender (whether the lender is a commercial bank, thrift, credit union, mortgage banker or mortgage broker) unless the lender agrees to release him.
Mortgage broker - A mortgage broker acts as an intermediary who sources mortgages on behalf of individuals or businesses.
Broker - In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.
Yacht broker - A yacht broker is a specialist agent who acts as a representative for the sale of a yacht or boat. The yacht broker is paid an agreed commission the sale price of a yacht and to this end markets the yacht for sale, fields buyer interest and act as a ‘middle man’ in the negotiations.
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