✍️ By Debbie Balfour | WBN News | August 14, 2025 | Click HERE for your FREE Subscription to WBN News and/or to be a Contributor.

In a market where rising interest rates and missed payments are creating waves of financial distress, assuming an existing mortgage is becoming one of Canada’s most effective win-win real estate strategies.

An Assumption of Mortgage allows a qualified buyer to take over the seller’s existing mortgage, including its balance and interest rate, with lender approval. This solution is a lifeline for sellers facing foreclosure, who can walk away from mounting debt while preserving their credit.

For real estate investors, it’s an opportunity to lock in older, lower-rate mortgages that are nearly impossible to find in today’s lending environment. With the Bank of Canada holding interest rates higher than in previous years, creative deal structures like these give investors a competitive edge.

Assumptions also reduce closing times and eliminate the need for new loan qualification, saving on fees and paperwork. They’re particularly attractive in distressed sale scenarios where the seller has equity or simply needs out.

In today’s climate, this isn't just a clever tactic; it’s a socially impactful solution. Investors can help homeowners in trouble, acquire properties below market value, and sidestep today’s punishing lending rates.

If you're not exploring assumptions in your Canadian investing strategy, you're leaving value—and opportunity—on the table.

Debbie Balfour | Real Estate Investing Success Coach + Podcast Host
📍 Website: www.DebbieBalfour.com
📧 Email: Debbie@DebbieBalfour.com
🔗 LinkedIn: Debbie Balfour
▶️ YouTube Channel: youtube.com/@DebbieBalfour

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TAGS: #Real Estate Investing #Assumption Of Mortgage #Canadian Investing #Foreclosure Help #Creative Real Estate #Real Estate Canada #Mortgage Solutions #WBN News Langley #WBN News Abbotsford #WBN News Okanagan #Debbie Balfour

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