Mortgage Assumability - Posted by Mary Ann

Real Estate Investing Real Estate Gurus
1

Posted by Mary Ann on May 16, 1999 at 09:34:55:

I very much appreciate your words of encouragement.

Would you be so kind as to elaborate on the benefits of a simple trust or refer me to an educational source?

Thanks again.

Mary Ann

2

Mortgage Assumability - Posted by Mary Ann

Posted by Mary Ann on May 15, 1999 at 18:10:42:

I have purchased and studied the Carlston Sheets program. In the more than twenty phone calls which I have made to sellers who have advertised in the newspaper and appear to be flexible, I have not found one seller who has an assumable mortgage. Isn’t that the cornerstone of the Sheets program? I’m discouraged and seeking advice.

Thank you.

3

Re: Mortgage Assumability - Posted by JoeKaiser

Posted by JoeKaiser on May 15, 1999 at 19:54:37:

Any program that has as its cornerstone the requirement to find homes with assumable mortgages is a program that’s probably wasn’t conceived in this decade.

You shouldn’t be discouraged. You just haven’t yet formulated a workable plan.

Experienced investors today know that the assumability of a mortgage isn’t much of an issue. A simple trust solves 90% of your problems.

Joe