Hi y’all, welcome!

Inside: The Fed cuts interest rates again ✂️ How will that impact your bottom line?

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(*unbiased opinion)

WHAT'S INSIDE

• 🚨 TIPS FROM YOUR REALTOR

• 👀 DEAL OF THE WEEK

• ⁉️ WHAT THIS MEANS FOR YOU

• 🤤 HOUSE WORTH DROOLING OVER

🚨 TIPS FROM YOUR REALTOR

(it’s me)

I’m an ex-dentist turned Realtor - let’s work together! Email me, tweet me or send me a carrier pigeon. 🐦️ 

Assumable Loans:

You might think you missed the boat on low interest rates but what if you could buy a property today at a 2.9% interest rate?

Tell me about assumable loans.
Ok, here’s the TLDR:

• The buyer assumes the responsibility for the loan at its existing interest rate and terms

• You can only assume a government-backed loan, such as an FHA or VA loan. Most conventional mortgages aren't assumable.

• Not a standard % down - you owe the equity the owner has in the property at closing. This can be covered via cash or loan (this loan will likely be counted as debt by lenders in your debt to income ratio)

What’s the catch?

They’re really hard to find. Many people don’t understand how valuable they are because the transactions are uncommon.

Read more about assumable loans here.

👀 DEAL OF THE WEEK

I said finding assumable loans is tough - but that’s what I’m here for.

This is a winner. Great location in south Austin, gorgeous finishes, tall ceilings and a beautifully bright home from a well respected builder. (we want to avoid this - yikes)

Original List Price: $729,000
Current List Price: $699,900
Kirtana’s Suggestion: $675,000
Assumable Loan: 2.875%

What does 2.875% actually mean? 

$1,209 savings/mo
$435,000 savings over the lifetime of the loan

Want to check it out? Reply here!

⁉️ WHAT THIS MEANS FOR YOU

If you’re a buyer/seller/investor/renter or just interested in real estate - this weekly newsletter will help guide your decision making and help you better understand the market.

🤤 HOUSE WORTH DROOLING OVER

You can actually visit me at this drool worthy house - Saturday (12/13) + Sunday (12/14) from 11AM-1PM.

Gorgeous new-build with stunning finishes. Listed at: $1,675,000.

Interested in something smaller? 1801 Holly #2
Listed at: $899,000.

Thank you for being here! Reply to this email if you have any questions or just to say hello! 👋 

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