Thinking about Buying or Selling in Nexton....Here's a Little Secret

Have you bought in Nexton in the past few years (chances are you absolutely did) and purchased your home with these HISTORICALLY LOW RATES?  If you did and you purchased with a VA or FHA Loan, your loan and that Incredible Rate may be transferable to the Buyer of your home. This makes your home incredibly attractive to Buyers and we will scream it from the rooftops! The Buyer DOES NOT have to be a VA or FHA Borrower, but you do need to get approval from the Servicer of the Loan to confirm if it is Assumable.

 

Likewise, if you are Buying in Nexton (or anywhere) where the Sellers purchased the home in the last few years, ask your Realtor (OR ME) if that loan is assumable. The only thing to remember is, that you will have to get a second loan for the difference at today's going rate.  But it is still incredibly worth it!