Buyers seek refuge from high interest rates. That is why savvy buyers are looking for assumable mortgages.

Whether it is VA or FHA, how do buyers find them?

Generally they can found when Realtors sell a home and check the loan information from the sellers. The loan type is then revealed.

Some Realtors may gloss over the fact that the loan is assumable. It happens when they check the loan information to make the net sheet, but do not ask what loan type it is.

When they miss it, they lose an important marketing element in the sale of the house.

Seller should be on alert for this and share the loan type of their loan to the Realtor.

Hopefully this information gets communicated properly so buyers can enjoy a lower interest rate and sellers get the highest price for their sold home.