17962 W ELM ST, Goodyear, AZ 85395
''Welcome to Your Dream Home: Unique one-of-a-kind Meritage Austin Floor Plan with Exceptional Features!'' From the moment you arrive, you'll be greeted by an inviting private front courtyard, setting the tone for what awaits inside. Boasting 4 bedrooms, Den/ Flex space, 3 bathrooms, this home offers ample space and privacy for your family. The private backyard is a haven of relaxation, complete with a sparkling pool and a 8 ft RV gate with RV parking - perfect for all your outdoor adventures. Experience seamless indoor-outdoor entertainment with a 16 ft multi-slider, blending your living spaces effortlessly. Prepare to be wowed by the stunning chef-inspired gourmet kitchen, featuring white double stacked upper and lower cabinets, oversized quartz countertops with blue lower cabinets, and top-of-the-line appliances. The large primary bedroom offers a tiled walk-in spa shower and a spacious walk-in closet with direct entry into the laundry room. The split floor plan ensures privacy, with three secondary bedrooms located along the west wing of the house. Bedrooms 3 and 4 share a Jack-n-Jill bathroom and Bedroom 2 has a hallway bathroom equipped with a tiled walk-in shower. Unique features abound in this home, including a custom-built bar area off the great room, custom cabinets with a sink in the laundry room, and a custom entertainment built-in with an electric fireplace - designed to hold a 100-inch TV! But that's not all - this exceptional home also boasts a 24k mini-split unit in the garage, epoxy flooring, Bluetooth surround sound speakers, and an additional 100-watt sub-panel. The state-of-the-art pool includes top of the line Pentair equipment and a Pentair electric heater all backed by a factory limited lifetime warranty. And the cherry on top? This amazing home comes with 40 solar panels, a 15.8 kW system producing over 24,000 kW per year, ensuring energy efficiency and savings for years to come. Don't miss the opportunity to make this truly extraordinary home yours.
You may be able to put down less than the total down payment amount of $120,774 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6680136