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Post and research assumable mortgage properties for sale. FHA, VA, & ARM loans are assumable mortgages.
This new strategy makes it possible for sellers to free themselves of their current mortgage loan by transferring their financing on to a buyer. This is a true solution for Low equity & Underwater Mortgage Home Owners. It releases the sellers liability, preserves the sellers credit rating, and does not expose the seller to any financial loss.
Buying a assumable mortgage is the most efficient way to avoid the high cost associated with traditional selling. Take a few pictures - List it yourself!
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