What’s in it for home sellers?

TransferMortgage™ IQ products (Leads and Scorecards) are valuable tools for residential property sellers… Here’s why:

Leads identify properties with valuable assumable FHA or VA mortgages.
Sellers can confirm that their residential property has an assumable FHA or VA mortgage quickly and inexpensively.

Scorecards quantify the value of your assumable FHA or VA mortgage.
Sellers use ScoreCards to determine the value of assumable mortgage associated with their property. ScoreCards allow sellers to demand a higher price for their home and to attract a larger group of potential buyers.

In the US there are over 7 million homes with existing FHA or VA mortgages. By law, buyers can assume these mortgages. This essentially means that the buyer takes over the mortgage from the seller. These assumable mortgages are an asset owned by the seller in addition to the value of their home. Sellers can price transactions much higher based on the additional value of the buyer receives when they assume the seller’s low-interest rate mortgage.

By law, sellers are released from any liability related to the mortgage once it is assumed by a new buyer / borrower.

Lower monthly payments means that more buyers can afford homes they may not be able to afford with a conventional mortgage. TransferMortgage™ makes home ownership affordable for working American families!

Leads and Scorecards are super affordable. Leads are $1.00 or less and Scorecards are $10.00 or less. Get started now and see which homes (both on and off market) have assumable mortgages and check out the value of the associated FHA and VA mortgages.

TransferMortgage also provides Concierge Services to get you and the buyer to the closing table quickly and efficiently. The buyer pays TransferMortgage Concierge fees, but the seller can consider helping with seller concessions – this is entirely at the discretion of the buyer and seller.