Question by nathan h: assumable loans on grandfather’s house (passed away)? my grandfather has just passed away in the beginning of january and he left a mortgage and my mother is the power of attorney, and she is responsible for selling his stuff and putting it towards bills. The bank called yesterday and asked if [...]

Question by Margaret H: want to sell my house? would it be a good idea to offer an assumable mortgage to attract buyers? I desperately need to sell my house. My mortgage payment is only $ 450 a month. wouldn’t that attract buyers? Best answer: Answer by effeykinsIt might, however most mortgages are not assumable. [...]