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might be helpful
Most loans made are non-transferable.....You would have to have him get a payoff good through whatever date you would decide to take ownership and have the bank that you work with overnight the payoff to whatever overnight address the bank gives you (there is usually a specific overnight address)...not the one he would normally send the payment to. It is usually an pretty easy process depending on what bank you are working with. I have worked for a bank for a few yrs and have experience with these soft of things. Good luck
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