Is this for you?


This strategy is for: Home Owners/Sellers: Who have a FHA, VA or ARM loan, has little or no equity value in their home, or facing foreclosure, or has been asked to lower the selling price,or has been asked to take a loss by doing a short sale, or simply having a challenge selling their property

What is an assumable mortgage?


Assumable mortgage – A mortgage that can be transferred with no change in terms. Most VA/FHA/ & some Adjustable Rate loans are assumable. We have the tools to help you verify your loan is assumable. FHA Assumable Mortgages – All FHA mortgages made after December 14, 1989, can be assumed. All FHA mortgages made before

What are the benefits?


Avoid all traditional cost associated with buying & selling a home. Release Seller liability, Preserve seller credit rating, Prevent exposure to any financial loss Shorter mortgage payment term No Down Payment Cost No Closing Cost Minimal paperwork No Bidding Wars Home Affordability No Appraisal Cost Prevent Tax loss Preserve credit score Convenient Signing process Assumable

How do I assume a mortgage?


Express interest – Schedule a consultation. Contact the seller to express interest. View the property. Confirm your credit rating is above 600. Discuss the current loan details with the seller. Request assumption package – Sellers must contact the lender directly to request an assumption package. This package will tell the buyer everything they need to

What does an Assumption Package & Release of Liability document look like?


Sample – FHA Loan – Assumption Package & Release of Liability document. Sample – VA Loan – Assumption Package & Release of Liability document. Sample – Conventional Loan Assumption Package & Release of Liability document.

What about my home Equity?


To free themselves from debt and save their credit rating, many home owners are willing to forfeit the little equity they have remaining. If there is a desire to move or sell, Takelist.com is the next best option. If the Home Owner wants to capture some of the equity, they can request the buyer to

How much does this cost?


Posting your home on our directory makes it visible to hundreds of visitors per day. Buyers will contact you directly. Individual postings $59-$169 until it sells (12 Month max).  Rates for posting multiple properties vary.  Get their 1st data $7-$12.  Consultations  $89-$199.  All rates are subject to change.

Is my conventional loan assumable?


Conventional loans that have a ARM (Adjustable Rate Mortgage) are assumable. Conventional loans that have a Fixed Rate includes a due on sale clause which requires the balance to be paid in full when the property is sold. Fixed rate loans follow the strictest guidelines for eligibility and are not assumable. Even if it is

How do I get started?


Pay Online Create user account: You must have a valid email address. Click Sell it or List it to begin. Pay: Your property will post in the directory immediately. A notification is sent to your email address with your login and password details. Maintenance: Conveniently make adjustments to your account information using the login and

How are we different?


We are a strategic resource for locating all assumable homes in the US. We offer a consultation service and a strategy that protects the financial interest of both the Buyer and Seller.  We advertise the monthly payment instead of the purchase price. We help buyers locate homes before any mark up in price occurs.  Assumable homes

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