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Can I Buy an Assumable Home if I Still Have to Sell My Current House First?

Not a dealbreaker, and the long assumption timeline that most buyers complain about actually works in your favor here. Ryan lays out the full four-step sequence: get under contract on the assumable first so you do not lose it while your house sits on the market, start the assumption process immediately, list your current home about three to four weeks in so the sale closes right around day 55 or 60, then negotiate a rent back so you close on your sale, collect your equity, and stay put until the assumption finishes. No hotel, no carrying two mortgages, no moving twice. He also covers the…

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