I was hired by a lending institution to investigate www.zingow.com and I can assure you it is not a reputable company. They charge a fee and offer no service. I sent 5 of my staff to them, all paid the $199 and all 5 received nothing. It was easyto detect the false information. I had a lot of questions and the representative I spoke with never had an answer that made sense. A lender (UNDER NO CIRCUMSTANCES) would allow you to "assume" a loan without applying and qualifing for it. That is not legal and would never happen. How could they hold you to the terms and conditions to a loan if you never signed a contract?
I think the first comment is humorous. No legal action is going to be taken, unless against Zingow.com. As of today they have legally negotiated ZERO realestate contracts.
They received a grade of "F" with the BBB, that should be your first stop before giving any company any money.
Buyer beware, this is not legitimate.