How to best market my Assumable VA Loan

How to best market my Assumable VA Loan

Rental Property Investor · Hong Kong · Member since 2017 · 3 posts · 4 votes

Hi All,

I'm ready to sell an investment property in NoVa to a VA eligible buyer but am not finding a good place to market this. I have a 2.5% assumable VA loan with over $520k remaining and the homes price is $785,000.

I considered posting in community forums on FB but that’s not allowed. Ideally I’d like to leave my realtor out of this sale due to their high price tag in my area. Is it advisable to try for sale by owner on Zillow or does anyone have any other recommendations to market this property?

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Member since 2018 · 1k+ posts · 1k+ votes
1y
Quote from @Sara Ring:

Hi All,

I'm ready to sell an investment property in NoVa to a VA eligible buyer but am not finding a good place to market this. I have a 2.5% assumable VA loan with over $520k remaining and the homes price is $785,000.

I considered posting in community forums on FB but that’s not allowed. Ideally I’d like to leave my realtor out of this sale due to their high price tag in my area. Is it advisable to try for sale by owner on Zillow or does anyone have any other recommendations to market this property?


People buy a house because the house fits their needs, financing is icing on the cake. Market the house on the attributes of the house. If you can mention assumable mortgages, dandy, but get the house itself in front of people first.
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  • Member since 2018 · 1k+ posts · 1k+ votes
    1y
    Quote from @Sara Ring:

    Hi All,

    I'm ready to sell an investment property in NoVa to a VA eligible buyer but am not finding a good place to market this. I have a 2.5% assumable VA loan with over $520k remaining and the homes price is $785,000.

    I considered posting in community forums on FB but that’s not allowed. Ideally I’d like to leave my realtor out of this sale due to their high price tag in my area. Is it advisable to try for sale by owner on Zillow or does anyone have any other recommendations to market this property?


    People buy a house because the house fits their needs, financing is icing on the cake. Market the house on the attributes of the house. If you can mention assumable mortgages, dandy, but get the house itself in front of people first.
  • Ryan ThomsonBusiness Member
    Real Estate Agent · Colorado Springs, CO · Member since 2018 · 1k+ posts · 1k+ votes
    1y

    @Sara Ring I have a couple sites that help advertise these. Shoot me a DM and I'll get you their info. 

    The Assumable Guy544 Reviews
  • Real Estate Broker · Boone, NC · Member since 2024 · 82 posts · 55 votes
    1y

    While it's tempting to sell without an agent, make sure you fully understand the process to avoid any legal or contractual issues. Consider hiring a real estate attorney to assist with paperwork and ensure the transaction goes smoothly. Offering a competitive seller incentive, like covering closing costs, might also attract more buyers. Lastly, don't forget about marketing outside of just digital listings—direct mail campaigns to military bases or VA-approved buyer lists could give you additional leads.

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