03/03/2025
Why would a seller want to let somebody assume their loan?
Simple—marketability. If your home is competing with another at the same price, but yours comes with a lower assumable interest rate while the other buyer has to lock in at 6.8%, which one sells faster? Plus, with an assumable loan, you can walk away with zero liability by transferring both the mortgage and title to the buyer at closing. Faster sales, better offers, and a clean exit—what’s not to love? 🏡💰