You probably keep hearing about the 'high interest rates'. Historically, they are not high, especially when compared to interest rates of 2019-2020. Interest rates were VERY high!
Kimberly sat down and did the math - comparing monthly payments at both rates, and the amount of interest paid for each option.
EXAMPLE: Our newest listing has an assumable loan option with a 2.75% interest rate. Naturally, buyers are drawn to this as it means retention of their own funds for other uses. She wanted to know, and found the results ASTOUNDING!
Take a peek at the video and leave a comment!
https://www.youtube.com/watch?v=O51vHMrcF9s
AND, FYI! Currently there are 72 properties in Tucson that have a Loan Assumption option. As Real Estate Agents, we're always keeping our buyer's best interests in mind. How can we we save them money and/or increase their buying power?
How can we help YOU today?