Mekaila Oaks

Mekaila is a Marketing Program Manager at Redfin with 6+ years of experience creating resources to help buyers and sellers navigate every stage of the real estate journey. She focuses on helping readers understand one of the most important steps: closing on a home purchase. Based in the Greater Seattle area, you'll find her exploring new restaurants, catching a comedy show, or getting lost in a good book.

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Assumable Mortgages: What to Know Before Taking Over a Home Loan

An assumable mortgage allows buyers to take over a seller’s existing loan, often with favorable terms. But before you take the leap, it’s important to carefully assess the loan details, costs beyond the price, and long-term implications. Here’s what to consider to ensure you make the right decision for your financial future.

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