29606 N Tatum Blvd Apt 281 # 281, Cave Creek, AZ 85331
1 beds · 1 baths · 742 sqft sqft
BRAND NEW AC SYSTEM! Discover your ideal lock-and-leave sanctuary COMPLETELY REMODELED for the modern young professional or winter enthusiast in this established gated community close to restaurants, entertainment, groceries, and more. Step into this inviting unit, a cozy haven featuring a seamless blend of luxury vinyl & new carpeting, exuding an ambiance of sophistication and comfort. The living room is a delightful space where you can unwind and entertain, while the brand new, well-appointed kitchen awaits your culinary adventures. It boasts an abundance of refinished cabinets, new stainless appliances, sleek quartz countertops, and dining area where you can enjoy your morning coffee or a quick meal. Step out to your private patio, overlooking the pool & spa. As you retreat to the primary bedroom, you'll be greeted by a designer's touch. The newly remodeled bathroom offers a glass and stainless barn shower door which enhances the overall comfort of this space, ensuring that every day begins and ends on the right note. Convenience is at your fingertips with an adjacent storage room on the patio, perfect for stowing away your essentials. Thee you will also find a brand new water heater. Your covered patio beckons you for leisurely moments, even in the crisp winter months. Furthermore, the community elevates your lifestyle with access to a revitalizing pool and spa right outside your door. It's the perfect way to relax and unwind, making every day feel like a retreat. Enjoy having the well-equipped fitness facility just steps away, available for your daily workouts. Don't let this treasure slip through your fingers - make it yours today and experience the perfect blend of style, convenience, and comfort in your new residence. A covered parking space is assigned to you closely located to your living space. More photos coming soon.
Source: ARMLS #6723985
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6723985
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.
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: #6723985