21210 N 260TH LN, Buckeye, AZ 85396
One of a kind - really! Buying a Model Home means getting features above what was even offered by the builder and this home is no exception. Built in 2018, not lived in until 2021 - this home is LIKE NEW and an entertainer's dream. Come inside to find top of the line wood flooring, custom 8'' trim, 8' doors, high demand color palette, and luxe carpet only at the bedrooms. Enjoy striking details throughout like; additional recessed lighting, custom ceiling ornamentation, accent wallpaper, shiplap, and more. The open kitchen boasts waterfall stone countertop island, custom tile backsplash to the ceiling, upgraded appliances, and walk in pantry. Dining area gives panoramic views of the backyard with ample natural light filtered through energy star tinted windows and sliding door... The living room is complimented by French Dual-Sliding Doors and custom brick fireplace allowing for a lower cost heating option and cozy aesthetic for milder months. Master retreat is accented with custom bench window seating, shiplap, and offers private bathroom completed with walk in adorned by shower heads and custom tile work along with separate vanities and a large walk in closet. Additional bedrooms both have walk in closets and the spacious den makes for a perfect home office or just add a door for another bedroom. Out back the turf offers not just a lush look but plenty of room to play, and the extended pavers are the outdoor chefs dream. Spaces blend seamlessly for entertaining guests or enjoying family nights in.
You may be able to put down less than the total down payment amount of $38,516 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: #6744962