In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.
This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.
Find out if you qualify by applying with our experts.Assumed Rate
Principal & Interest
Listed by • Laura Luna, Century 21 Union Realty
MLS ID: SB24222552
Listing From:
Last updated: 2025-06-04T16:30:09.000Z
© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
Principal & Interest
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