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Serving Calgary - helping Calgarians Buy & Sell Homes.
Pius knows how to market homes and get them sold "FAST" and know how to work with buyers, finding them the home of their dreams. We hope that you find our web page a valuable tool in either buying or selling a home.
Pius will help you achieve your objectives with Integrity, Professionalism and Personal attention.
Pius will provide quality service that you will want to recommend to your friends Time after Time!
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Assumable Mortgages
An assumable mortgage allows home buyers to take over("assume") a seller’s mortgage when purchasing a home. Alberta is the only province in Canada that allows you to assume a mortgage. Generally, assumable mortgages do not require qualifying, or the approval of the lender.
How an Assumable Mortgage Works
A home seller wants to sell their home for $300,000 and has an assumable 270,000 mortgage at 5.5% interest. A home buyer wants to buy this house. The buyer only has to have $30,000 "cash to mortgage" (CTM - the amount the buyer will need to purchase the home), to take over this house and mortgage and become a Calgary home owner!
A homeowner with an assumable mortgage passes the responsiblity for these loan payments to a buyer instead of paying it off using proceeds from the home sale. This benefits homeowners who would otherwise pay large penalties to their financial instution if they try to pay off their mortgage early. Assumable Mortgages are a great opportunity for Calgary home buyers who have had changing employment, or can't prove income, have low credit scores or no credit, bankruptcies etc, or have an existing mortgage and wish to buy investment real estate to become home owners or investment real estate owners.
Low-down / assumable mortgage opportunities are hard to find, but are still available. With low-down / assumable mortgages in Alberta, everyone can become a home owner, as long as they're able to pay the down payment (CTM). Assumable mortgages allow buyers who would otherwise not be able to own a home build equity and enjoy all the other benefits of homeownership.
Buyer Presentation: The Pius Advantage; What Pius will do for you to represent you in your purchase of a home. |
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Call Before May 15, 2008 to recieve 10% to 25% Discount on commissions.
This is a great time to Discover Pius Ekwulugo and what he can do for you.
Piously speaking, this is a good time to sell your home. Pius will handle the sale of your home with courtesy, professionalism and with the least hassles.
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Pius Ekwulugo, BA. Associate
Serving Calgary - helping Calgarians Buy & Sell Homes.
For more information on buying or selling a home in Calgary call Pius 403-714-9724 or e-mail Pius
Thank you for visiting Assumemortgages.com. Since March 16, 2007, you are Visitor #
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Assumable properties in Calgary Alberta.
You can assume (take over) mortages on properties in Calgary Alberta, Canada without qualifying (going to the bank) by just paying low down payments. For additional information, click to Assumemortages.com to see the list of assumable properties. Buying a property in Calgary, Alberta Canada has never been so easy.
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SMILE, You are in GOOD Hands with Pius.