Excellent info! I did a search for Idaho (the whole state) and there were 70! Searched Walla Walla, WA, only 1.

Low interest fixed debt is the asset.

Jason and the Energizer Bunny. They keep going and going.... Fantastic information

Excellent info, thank you for explaining!

I’m so happy we qualify for a va loan plus we just sold our house so I’ll check it again. I searched previously with not much success. I don’t think many sellers even know about this option because we ourselves could have offered it when we sold our home but didn’t know about it.

Love this info, but trying to find a way to come up with the cash difference 😁

For VA loans, Veterans or service members do not pay PNI. Thanks for all you do.

This video is gold. My wife and I loved it. Thank you.

Found several looking around.

Very informative!

Thank you for the research and content! Looks like a Golden Goose for someone, but not everyone.

This could be a great way for someone with a big down payment available to take advantage of someone's much lower rate/payment. Only problem is, will the seller be willing to play ball.

Good morning

I was thinking of assuming a mortgage and getting a loan for the equity then renting the place for a few years while i live cheap and pay down the loan. do you think that would work? i figure after assuming the mortgage and taking on the loan you could rent for the total loan value of both and then pay aggressively and eventually move in. delayed gratification.

I found only one in OC! Wondering if realtors can find (on MLS) which for sale houses are on FHA loan.

Seems like the biggest issue is that some realtors are unfamiliar or do not inform their clients of their loan being assumable. I sold my assumable house a year ago and we did not have assumable in our listing description. Do you think cold calling listings is the best way to find assumable mortgages if it is not stated in the listing?

Happy Thursday Jason

I found 3 homes today that were assumable. The one we were interested in was 459k. 300 plus owed at 2.375% interest. Before I called my agent I read that va loans could be taken over by non-va buyers. It turns out out this seller is looking for a buyer with their va certificate so the seller can buy another home using theirs. So basically from what I learned today and from watching your video, this seller is looking for a veteran who has 100 plus k to put down and can use their Va certificate to assume the loan. Va loans are usually beneficial for veterans with little or no money down right? Is it just going to sit on the market?

Thanks for this information! The question I have is if you were assuming a mortgage and are paying the sale/current balance difference out of pocket, would that mean the lender has made double the paid off amout under "one" mortgage?

I just got in contact with a realtor. There is a home at 3% rate w/ $2400 monthly owing 400k left. Down payment required is 235k. I’m 10k short. And would have 0 money saved. Seems like a great opportunity tho.

Jason, thanks for the Assumable walk through. Do you know if property taxes are refigured on the new sell price or do you get to keep their taxes as well?

0 in Hayward

Is there any restriction who can assume an FHA loan?

It's not gonna work. Coz, the current listing prices of the homes are 100% over the original loan, now you got to pay the difference which would depends on the listed price 😂 if we had such bigger pockets why wouldn't we buyit before COVID.

1😊

What if the seller homeowner has a 10% mortgage 😂 I rather have a 7%

This is bs . I thought i would get an assumable home at the cost that was owed. You might as well just get a fresh home n loan. That just just blew me. So no benefit ftom assuming a loan