Patty McMillen

Maybe you haven’t thought about which type of loan you will be getting..but here is something to think about.  Right now the interest rates are fabulous (in the 4′s), which you and I know that will come to and end.  Think about when interest rates go to 8 and above and you plan on moving.  Your loan (FHA) can be assumed by a qualified buyer at the 4% interest rate. You have just made your home more saleable to the next buyer…it’s something to think about if you plan on moving up or just selling within 5 plus years.