Agency
An Alaska buyer tells their agent they want a house with an assumable mortgage. The agent has a duty to:
AShow only properties with assumable mortgages without exception
BDiligently search for and show properties meeting the buyer's criteria, including investigating mortgage assumability✓ Correct
CAdvise the buyer that assumable mortgages are never worth pursuing
DAssume all mortgages can be assumed until proven otherwise
Explanation
Diligence requires the buyer's agent to search for properties meeting the buyer's stated criteria and to investigate material issues — including whether specific mortgages are assumable. The agent should verify assumability status and present qualifying properties to the buyer.
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