42531 W Heavenly Pl
Maricopa, AZ 85138
2 beds · 2 baths · 1,768 sqft
$399,999
Get prequalifiedAbout this home
Looking for a home on the water? Look no further! This home has just been freshly painted in neutral colors. This Iris floorplan has a south backyard in the award winning adult community of Province with spectacular sunsets and mountain views plus you can sit on your lower patio next to the water and fish in the lake (catch and release) or maybe you would like to relax in the above ground hot tub or just relax on the covered patio. Inside you have a greatroom open to the kitchen with granite counters and 42'' cherry cabinets. Master bedroom overlooks the backyard with lake views. An office, den and guest bedroom and bath complete the interior of the home. You have plantation shutters throughout and wood look tile throught most of the home. All of this in the 55+ guard gated lake community of Province; where you can fish in the lakes, walk on one of the 5 miles of walking paths throughout the community, practice your putting, play a game of pickleball or tennis is nothing short of "retiring like you mean it!" To wrap it all up, inside the 32,000 square foot club house, you have a fitness center, lap pool, library, billiards room, ceramic, sewing, and computer center besides the quaint, gorgeous outdoor pool for perfect solitude or fun gatherings with friends and family. What more can you ask for... all for an affordable price in an incredible community awaiting your arrival !!
Source: ARMLS #6750530
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
