Assumable Loan www.TheRealEstateScene.com Would you like a 3% Mortgage Rate? An Assumable Loan might be something to consider. Assumable loans are loans where the buyer takes over the interest rate that the seller currently has if the seller’s lender allows for that. This creates more affordability for buyers and increased opportunities for sellers. This is definitely something listing agents should factor into their marketing.
How's the Santa Barbara real estate market? If the supply of housing is constrained and unable to keep pace with rising demand, prices tend to increase. This scarcity can create a sense of urgency among potential buyers, who may be willing to pay higher prices to secure a property before it becomes even more expensive. This increased demand due to limited supply can further drive up prices. Click Read More below for Santa Barbara real estate Market Trends, recent Sales data, and Videos.
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