Hi Badfish – on the circumstance you are detailing, the borrowed funds need to be assumable
FHA and you can Va funds is actually assumable
My fiancee and i was in fact annoyed to own a rather good during the check for the earliest household. From the happenstance, our very own careers (she’s an instructor i am also a national staff) are about 80 kilometers aside (North-South) and practical halfway area for people when it comes to commute is during one of the most high priced aspects of Nj to live on, Hunterdon County. We were looking for a tiny dos rooms farm fixer higher inside our budget, that’s from the $230,000. To date most of the belongings we have checked-out can be priced merely from our visited additionally the suppliers laugh in the our « highest and best » provide out of $230K, or even the of them within variety you want thorough repairs (structural, septic assistance, an such like. ).