4968 KINGSTON AVE, Highlands Ranch, CO 80130
$10,000 Seller Concession!!! SIGNIFICANTLY REDUCED interest rate on YOUR 30 year mortgage. Preferred lender must be used. contact details to be provided upon request. Welcome to your dream home, where modern elegance meets practical living! This stunning property has been thoughtfully updated to provide you with the perfect blend of comfort and style. As you step inside, you'll immediately notice the fresh, contemporary ambiance created by new paint throughout the home and the vaulted ceilings certainly make a statement and add to the spacious feel. The brand-new roof ensures peace of mind for years to come, while the beautiful new countertops add a touch of sophistication to the kitchen. The heart of this home is the kitchen, a true chef's delight equipped with gleaming stainless steel appliances that make cooking a joy. The convenient island assures plenty of room for meal prep. Whether you're preparing a gourmet meal or a quick snack, this kitchen is designed to inspire. The family room is spacious and inviting and the gas fireplace is waiting for those cool nights made for snuggling up on the couch with a good book. On the main floor, you'll find a versatile room that can serve as a home office or an extra bedroom, catering to your specific needs. Upstairs, four generously sized bedrooms offer comfort and privacy for all. The primary bedroom is a true retreat with its own full suite, while an additional full bath serves the other bedrooms. A convenient 3/4 bath on the main floor adds to the home's functionality. A two-car garage provides ample space for your vehicles and storage needs. The generous backyard is fully fenced, offering a safe and private space for outdoor activities, gardening, or simply relaxing in the fresh air. This home is also environmentally friendly, featuring solar panels on a transferable lease. Enjoy the benefits of reduced energy costs and a smaller carbon footprint. This home is close to everything very convenient location!
You may be able to put down less than the total down payment amount of $356,754 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: #8150276
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