Talk:Wraparound mortgage

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This needs better or clearer examples[edit]

I came to this page by searching "assumable" because I kept seeing it pop up in home listings (generally saying "not assumable"), but as a novice homebuyer who's just starting to look, I find this article gives me very little sense of how any of this works. The article needs to be written such that people who've never had a mortgage of any kind can understand it; right now, it seems to be one step short of "lawyerspeak," as if someone had tried to clarify but without success. Lawikitejana 01:06, 13 August 2007 (UTC)