Charleston · Value

Does my low-rate mortgage make my home worth more to a buyer if it is assumable?

An assumable low-rate mortgage can make a home worth more to a buyer willing to take over that loan, since keeping the existing rate can save far more over time than a small price difference would. Not every loan type is assumable, and the buyer still has to qualify with the lender to take it over. Brian Beatty checks a loan's assumability early and markets that advantage clearly when it applies to a specific listing.

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