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Assume-Balance Properties in Cebu: How They Work & What to Verify

You’ve probably seen posts like this in Cebu buy-and-sell groups: “Assume balance, low cash-out, just continue the monthly.” Sounds easy, right? Sometimes it is, but the details behind that catchy headline price matter a lot more than you’d think. Assume-balance—sometimes called pasalo—means you’re taking over someone’s still-active home loan. The seller’s already paid a chunk of it….