Did you know that people can assume your mortgage?
Hey! Come here! Did you know that people can assume your mortgage?
That's right. I said what I said.
Let's say you got your mortgage at a fixed rate within the last couple of years, where it was practically like free money and you got it for 2%.
And now interest rates, as we know, are between 5 and 6%, let's say 5% for this video. Well, we know that buyers are having a harder time now because well, they're at 5% and properties were at 2% before. Well, they can take over your mortgage, assuming you don't need to take it somewhere else.
Which means, as a seller, more money in your pocket. You could say, "hey, take my 2% mortgage instead of your 5%, but give me more money so I can put it in my pocket."
It's a win, win, win, baby. Well, technically a win, win because the bank loses. Yeah.
So if you've been like, "oh, man, I just want to sell my home. I don't even need my mortgage anymore. I just want to be done." You can do it. DM us. We'll show you how.