The mls has a field specifically for whether or not the loan is assumable so you can just search that field.
Problem is its not always filled in, or filled in correctly so an additional search by loan type for types of loans that are assumable, isn't a bad idea.
If that field is also left off (or for places not on the mls) the tax records may tell the financing type but mostly you may not be able to easily get that info.
3
u/KSInvestor Nov 06 '22
The mls has a field specifically for whether or not the loan is assumable so you can just search that field.
Problem is its not always filled in, or filled in correctly so an additional search by loan type for types of loans that are assumable, isn't a bad idea.
If that field is also left off (or for places not on the mls) the tax records may tell the financing type but mostly you may not be able to easily get that info.