18064 W Buena Vista Dr, Surprise, AZ 85374
2 beds · 2 baths · 1,320 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in a quiet cul-de-sac within the sought-after Arizona Traditions 55+ gated community, this beautifully updated 2-bedroom, 2-bathroom home offers comfort, style, and privacy. Designed with an open floor plan, the living room features a cozy electric fireplace with a rustic stone surround, perfect for relaxing or entertaining. The kitchen is both functional and elegant, equipped with new appliances, a gas range, a large eat-around island, and convenient pantry cabinets with pullouts. Additional upgrades include a whole-house water conditioning and filtration system and a gas hot water heater with a recirculating unit. Step into the sunroom addition, offering an extra 120 sq. ft. of versatile space that opens to the backyard. The spacious backyard oasis boasts pavers, a built-in BBQ area, and an extended patio cover for added shade, along with lush landscaping that enhances the serene atmosphere. Enjoy the perks of living in a community that offers golf, swimming pools, tennis, pickleball, a clubhouse, and more. The home is conveniently located within walking distance to the baseball field and recreational amenities. Furniture negotiable.
Source: ARMLS #6803637
Source: ARMLS #6803637
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.