Originally Posted by
Anna Nikkole
I have a cute adorable home I do longer term Airbnb. I have a very low interest rate. In this life I doubt it will go that low again. I am looking into selling as I'm doing short term rentals. The person who assumes my loan needs a 580 to qualify. I had nearly 200 points over that to obtain it. I'll keep it before I give it away.
But didn't know the person who buys me out affects me. They have to be approved for the loan by the mortgage company too. I should walk away as that would be their client, not mine. Just going with the flow. As long as it doesn't cost me money, it's a asset!