Great ?Consider more than just the price being offered. Look at the other terms: the date of closing, is an inspection being required and what is that time frame, how much is the buyer putting down and what is the % of the mortgage?(Usually the more $ that is being put down, the stronger the buyer)Also watch for any further conditions like a First Right Offer or contingency on the closing of the Buyer's present home.Good Luck!
I have had clients that have closed on loans that are assumable as recently as this year. I would expect that when interest rates begin to rise, the option of assuming a loan will be more attractive.It really is important to notify the current lender and to have the buyer qualified. Lenders do check and will take action if the proper steps have not been followed. Simone, to answer your original question simply, when a seller states the loan is assumable that means that you can purchase the home by taking over the seller's mortgage. You would need to provide cash for the difference between the negotiated sales price and the amount of the mortgage.Interest rates are so attractive right now, you can do better in most cases to get a new mortgage. Your Realtor will be happy to guide you.
Hi, I have had a Zillow all star badge for many years. It is now missing. I don't think my contributions have decreased. Can anyone help? Thanks so much!Diane
I can't get my expired listings to delete. When I choose "no longer for sale" it says there is a problem with that field and my listing remains as it was before.
Just wanted to touch base and let you know that this home has sold. I can set you up on a customized search if you are still looking for a home. Please let me know if you have any questions.Thanks!Diane Brookstalktodiane@speakeasy.net
Taxes $2822.92Spring Drainage Assessment 25.00Fall Drainage Assessment 25.00 2007 Full Year Taxes $2872.92
I would love to help you and your family. I live in Zionsville, and it is one of my favorite places to show homes. Our market is already picking up this month. Hopefully yours will as well. For more Zionsville info, you can check out my Zionsville community website at www.zionsvillein.us.Diane
Hi, it is not currently finished, but would definitely look great finished. The home and basement are in top notch shape. The sellers are moving to another state and really need an offer. Have you seen the photos of the home and yard?Thanks for your inquiry.Diane