MAKING HOMEOWNERSHIP AFFORDABLE
OUR SERVICES
We are licensed real estate agents in Arizona and ready to help you with all your real estate needs: sellers, first time home buyers, and seasoned investors. We also have a unique expertise in helping clients pursue loan assumptions. They don't call us the assumption pros for nothing!
BUYING
Buying a home?! We are licensed real estate agents specializing in finding you a home that has an assumable loan.
SELLING
Did you know approximately 23% of homes listed on MLS are assumable? Often times, our sellers get a significant premium when they sell their house when marketing a loan assumption. Work with a real estate professional that knows how to market your assumable loan!
INVESTING
Did you know that investors can also leverage loan assumptions when buying a rental property? Matter of fact, you can even leverage this to get around the 10 loan limit rule. Ask us to connect you with one of real estate agents that can help you with your next investment!
WHAT IS A LOAN ASSUMPTION?
An assumable loan is a type of loan which has the ability to transfer between the seller and buyer. Yep, you guessed it... that means getting to keep the sellers interest rate! Did you know that approximately 23% of all sellers in Arizona have loans that are assumable?
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Also, if you are an investor, did you know that you are eligible for loan assumptions as well? Imagine the cash on cash return and the leverage you will have on your next investment purchase utilizing 2-3% interest rates!
WHY AN ASSUMABLE LOAN?
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Lower Interest = Lower Payments. If the seller's loan rate is lower than current market rates, you can save significantly on your monthly. Often, our clients say hundreds or even thousands a month on your payment.
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Assumable loans bypass the need for an appraisal and lenders insurance policy which combined can save thousands in closing cost.
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Roughly 28% of assumable loans don’t require private mortgage insurance, which means huge savings compared to taking out a new conventional or FHA loan.
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Assumable loans can be transferred to another buyer, making your property more attractive and increasing future resale value in high rate environments.
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For investors, loan assumptions can be a way to get around the 10 loan limit.
WHY US?
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Leverage in house software to identify properties both on market and off market that are eligible for assumption. This gives us a competitive edge.
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Have a proven track record of closing homes for buyers and sellers via loan assumptions.
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We know which title/escrow and assumption management companies to partner with to get a deal over the finish line.
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Born and raised in Arizona.
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Not only are we investor friendly, but we are investors ourselves. Matter of fact, some of our investment properties have been purchased via assumption!
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Although we have a unique niche in assumable loans, we are a full service real estate team ready to help you with any residential real estate need!
Case Studies
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CONTACT US
Copper 48 Real Estate Team
Brokered by My Home Group
8360 E Raintree Dr #120
Scottsdale, AZ 85260
SA673876000
Assumption@TheCopper48.com
Tel: (480) 800-0410
