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by CareyBot

I'm not your typical homebuyer. The home I live in is the one I bought in 1981. I have not moved, although I've refinanced a number of times along the journey and I do own a second property that is a condominium rental. Not being a serial homebuyer who constantly tries to move up to a bigger home has, quite frankly, put me out of the loop on a number of very basic issues.For example, I didn't realize that home loans could no longer be "assumed" until I received an e-mail from one of my readers who had what he says was a way to solve the foreclosure crisis. The reader, Steve Hicks, a broker with Keller Williams Realty in El Paso, Texas, wrote: "A simple solution that will stop at least 50 percent to 60 percent of all foreclosures today is the assumption of all feder...