"I am extremely pleased with the quality work Suburban did on my home. They were reasonably priced, efficient, and very nice to work with. I'll be calling them to do another project for me soon and I ... » more
- Paul Johnson of Rock Island, Illinois


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Assumption

Transaction allowing a buyer or new owner to assume responsibility of payments for an existing loan instead of getting a new loan.

Not quite sure what the proper home improvement terms are? Let us help. We have put together a glossory for you to learn a little bit more about Home Improvement Glossary and Terms

For furthur reading please see our Learn the Basics Homepage.