Are high interest rates standing between you and a home purchase? There is a solution! Assumable mortgages are not frequently discussed, so many people are not even aware they exist. With an assumable mortgage, the buyer of a property can assume, or take over, the mortgage of the seller. Given mortgages rates were so low for so long, the seller will often times have a mortgage rate far lower than prevailing rates today - sometimes as low as 2%.

8042 Parsonage Lane, Colorado Springs, CO

Looking to assume a GREAT RATE!!!!!! Look no more, this great 4 bedroom 4 bathroom home has an assumable loan.

101 Lancaster, Georgetown, TX

ASSUMABLE LOAN FOR 30 years @ 3.75% on $458K of the List price!! Located in the coveted Reserve at Berry Creek and only 15 minutes from downtown Georgetown. This meticulously maintained 4 bedroom, 3.5 bath, home features a modern floor plan with soaring ceilings in both the living and entry area of the home. Perfect for multi-generational living and work-from-home lifestyles. The main floor features a formal living room, primary suite and Living Room with gas log fireplace. The formal dining area is just off the entry of the home. The kitchen with a large island has a built-in oven, electric cooktop has gas stub for conversion, if desired, and is open to both the breakfast room and living area. Upstairs, find 3 bedrooms, an additional living space/game room (or 5th Bedroom), and two full bathrooms. Also on the main floor are the Laundry room with utility sink and powder room. Outside, find a covered flagstone patio with solar fan and lighting. Spend your evenings enjoying the lush backyard with large mature trees and wrought iron fencing. The 3 car side entry garage is insulated. Walking distance to the pool, tennis and fitness center. New sprinkler system and controller. Tankless Water heater in attic. Full gutters. New A/C system.