Assumable Mortgage.

GOT A LOW RATE?

Most Phoenix homeowners are sitting on two things at the same time right now: real equity in their current home, and a mortgage rate they would never trade voluntarily. The lock-in effect is real. 

73% percent of mortgaged homeowners are locked in with a rate below 5%. 

Selling at retail and re-purchasing with a new mortgage at today's rates likely means a higher monthly payment for a smaller home. 

That math feels broken. 

For many sellers, it stops them from moving at all. But the math is only broken if you're using one structure. There are several. Each works for different life situations: