Description

Join us for a dynamic Lunch and Learn session where we'll delve into the world of Assumble Mortgages, a creative financing option in real estate. Discover innovative ways to fund property purchases, understand the associated risks and costs, and gain insights into leveraging mortgage assumptions during high-interest-rate markets.

Attendees will learn:

• What is the assumption of a mortgage
• Who can participate in one
• How to structure an assumption transaction and write up a contract
• How to calculate closing costs- we will compare  a traditional transaction to that of an assumption
• What about the deficit
• Your buyer is an investor, what can you do

Guest Speaker Cathy Morrison, President