1354 S Sabino Dr, Gilbert, AZ 85296
3 beds · 2 baths · 1,250 sqft sqft
Come drive thru The Garden's community and see why this is one of the most sought after communities. Three sparkling pools, multiple playgrounds and ball courts, and amazing access to biking/walking trails. Motivated seller must part with their updated smart home due to single level home need for health reasons, so selling as is. Many updates completed or started. Solid surface flooring in all living areas easy to maintain. New pet friendly carpet on stairs. This home plan is a FAVORITE in the Gardens with both lower porch and upper balcony providing space for holiday decor and sipping coffee or curling up with a good book on your patio furniture. Must see deluxe upgraded spa-like master bath on main level. Kitchen/dining/great-room, pantry, full bath and 2 additional bedrooms upstairs. EV Charge Outlet in garage and SmartHome features include led lights, ceiling fans, garage door with camera and remote delivery access for amazon drops, nest thermostat and keyless main entry door lock. Custom paint in most rooms including focus walls. Casing trim around all windows adds class and energy efficiency with Low-E swing inside to clean windows. Kitchen has newer fingerprint resistant stainless appliances, and LG stacked washer and dryer convey leaving plenty of space for upright freezer. Enjoy EASY COMMUTES, 2 min to the 202, just 7 min to Hwy 60, under 5 min to Gateway Towne Center Shops and under 10 min to Santan Shopping Center. Walking distance to local schools. No yard work to do, the HOA does all. $3000 paint/trim concession at close with acceptable offer (pick your colors!) Bring all offers seller will counter if necessary.
Source: ARMLS #6773383
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6773383
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #6773383
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.