The Sharpe Mortgage Team brings you news this week about assumable mortgages, purchasing a home in another state, and preparing your home for summer storms and emergencies. Click below to learn more about these topics:

Understanding Assumable Mortgages - During your search for a home loan, you might come across the concept of assumable mortgages. Unlike conventional loans, assumable mortgages enable the buyer to assume the seller's existing mortgage, eliminating the necessity for a new loan. Nevertheless, it's important to note that not all mortgages can be assumed; only FHA, USDA, and VA loans are eligible for assumption.

How To Purchase A Home In Another State - Although relocating to a new state can present an exciting opportunity for a fresh start, buying a home in a distant location adds an extra layer of stress. It might not be possible to explore open houses, view recently listed properties, or familiarize yourself with the neighborhood at various times. It’s ideal if you can visit the area and take the time to drive around and tour homes.

Preparing Your Home for Summer Storms and Emergencies - Prepare your home for summer storms and emergencies to safeguard your family and property from heavy rain, strong winds, and other potential severe weather conditions. Follow this concise guide to ensure safety and protection.

If you're thinking of purchasing a home in Winston-Salem or the Triad area, The Sharpe Mortgage Team is ready to provide you with all the help you need. Don't hesitate to call us today!