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 • Glenn C Roseman, Buck Reynolds Real Estate
All information should be verified by the recipient and none is guaranteed as accurate by Wardex
MLS ID: 038437
Listing From: Wardex
Last updated: 2026-07-27T15:45:16.480Z
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