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 • Brad K. Wolfe, LIFE Realty District
All information should be verified by the recipient and none is guaranteed as accurate by Glvar
MLS ID: 2806961
Listing From: Glvar
Last updated: 2026-08-21T21:21:57.887Z
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