I’m willing to bet that you’ve heard the term “assumable mortgage” at least once in the past few years. Assumable mortgages are a great way for buyers to take advantage of a seller’s existing interest rate. But there are a lot of other details to understand when it comes to assumable mortgages. In this video, I’ll be answering all of your questions about assumable mortgages and help you decide if this may be a good option for you.
Timestamps:
00:00 Introduction
00:52 I'm Staci Russell - Your NW Houston Realtor
01:03 Traditional Mortgage Structure, Inflation, & Interest Rates
01:43 Assumable Mortgages - The Good Part...
02:02 Assumable Mortgages - The Important Details
02:12 Not All Mortgages are Assumable
02:52 Lender Approval & Buyer Requirements
03:06 Buyer Responsibility
03:28 Buyer Down Payment & Options
04:31 Faster & Easier Process
04:41 Closing Costs
04:56 Other Factors to Consider
05:13 Like, Comment, & Subscribe - Thanks for Watching!
___________________________________________________________________________________________________
I educate buyers, sellers, and investors on ALL things real estate. I would love to help you buy, sell, or invest!
Book a 1:1 Discovery Call [ Ссылка ]
__________________________________________________________________________________________
ABOUT STACI RUSSELL: Staci Russell is a Texas native and Realtor® in Northwest Houston. Her mission is to serve sellers, buyers, and investors by educating them on all things real estate. Staci loves people and her community of Spring, TX. She has helped many families reach their real estate goals while providing 5-star client experiences. Get to know me a little better by watching this introduction video: [ Ссылка ]
__________________________________________________________________________________________
LET'S GET SOCIAL!
Follow me on Instagram: [ Ссылка ]...
Facebook: [ Ссылка ]...
Youtube: @stacirussell4560
Website: [ Ссылка ]
Assumable Mortgages - What You NEED to Know
Теги
assumable mortgagemortgage loanloan assumptionassumable loansassumable mortgage how it worksreal estatehome buyingreal estate markethome loans for first time buyerhome buying processhome buying tips for first time buyersfirst time home buyer 2023buying a house for the first time 2023interest ratesFHA loanVA loanUSDA loangovernment backed loanassumable mortgage risksdown paymentclosing costsHouston TXNW Houstonrealtor