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Real Estate Training & Coaching School

$upercharge Your $ales by Mastering Assumable Mortgages

Real Estate Training & Coaching School

Real Estate Training & Coaching School

News, Business, Business News, Careers

4.4705 Ratings

🗓️ 22 October 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com With interest rates significantly higher today, assumable mortgages offer buyers the chance to take over loans with lower interest rates, providing an edge in a competitive market. However, not all mortgages are assumable, and understanding the process is crucial for success. What Is an Assumable Mortgage? An assumable mortgage allows the buyer to take over the seller’s existing mortgage, retaining the current terms such as interest rate and remaining balance. This is particularly attractive when rates have risen, as buyers can lock in a lower rate. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:10.2

This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.

0:18.2

What's really working in today's market, how to generate more leads,

0:21.8

make more money, and have more time for what you love in your life. And now your host, Tim and

0:28.3

Julie Harris. Welcome back. Today's podcast is about supercharging your sales by mastering

0:34.9

assumable mortgages. Assumable mortgages are something that

0:38.5

Julie and I have known and coached agents had to do for literally decades. The thing that's

0:42.7

interesting to me is how many of you, and I think it's been actually kind of an interesting

0:47.1

experience having all these conversations with folks that have been in the industry for 10, 15 years,

0:52.8

they don't even know what an assumable was. And it's been wonderful for us to share this information with them directly one-on-one.

0:59.1

But what's really surprised me is how many of these leaders in the real estate brokerage in particular

1:04.3

didn't know anything about assumables. So what we've done, what Julie and I have taken a lot of time

1:08.9

to do is go through, I think, the most important high points of assumable mortgages.

1:13.9

And so what we're going to explain to you is what an assumable mortgage is.

1:16.8

This sounds like a boring topic, but I promise you this is going to be lightning at a bottle if you want to figure out essentially have an almost unfair advantage in your marketplace with this information.

1:25.0

And we're also going to tell you how to use it to create a lot of buyer and even possibly listing transactions for you. So take a lot of great notes.

1:33.1

Now, notes, where are they available? Only on our newsletters. You have to go to Harris,

1:37.3

Real Estate Daily.com. Harris, realestatedaily.com, is our exclusive newsletter our way of saying

1:42.8

thank you to all of our thousands and thousands

1:45.2

of daily podcast listeners. So just go to Harris Real EstateDaily.com and then drop in your

1:50.1

email address. And when you do, you're going to get another email. You've got to kind of go through

1:53.4

the paces and you then have to confirm that you want the newsletter in your email. So if you put in

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