57 Angel Wings, Guffey, CO 80820
3 beds · 2 baths · 1,901 sqft sqft
PRICE DROP, considering all offers. IF YOU'RE ON A QUEST-for sunshine, privacy, pure mtn living your search is over. No HOA, this popular, raised ranch design w/tuck under garage sits on the south face of a mtn inhabited with Pine, Aspen, granite & wildlife. Open floor plan & views from every room, this mtn contemporary was retirement hideaway for rhythm/blues enthusiast. Back in the day this quaint, historic town was called Freshwater, producer of minerals, gold & silver. Cattle ranching & lumber supplemented the eclectic community, dances & fiddlers became big attractions. Also back in the day this homeowner jammed w/ the classics (BB King, Willie Nelson, Alhman Bros), traveled the world, settled at the foot of these granite cliffs, and crafted his rhythm/blues to the forest. The open concept offers dual primary ensuites, valuted ceilings, a natural flow between centralized living, dining & relaxtion by the wood burning fireplace. Keeping the floor plan shallow allows sunlight to reach deep into the interior. Plentiful windows & doors emphasize the seamless connection to the beautiful landscape. Kitchen has large 8' island, gas cooktop for intimate breakfasts/entertaining. Lots of cabs, shelves, sunny window make meal prep a delight. 86' deck wraps entire south side, accessed by 3 walkout doors. Vaulted, the space is spacious. Dual master ensuites flank the living and dining areas. Generous walk in closets & baths in both bedrooms. 3rd bedroom on lower level, unfinished & ready to become your bonus space. Dbl car garage, workshop & HVAC room on lower level. Includes Arctic Cat ATV, purchased 10/23, & hauling trailer. Chainlink fencing surrounds the house for dog run. Handicap accessible, the home includes entry 15X4 wood wheelchair ramp, rollin shower, safety bars, stairway electric chair lift. Easy drive to Cripple Creek, Royal Gorge, ski resorts, epic sports, 1 hr to metro Colo Spgs. Checks all boxes.
Source: RECO #8140559
Interest rate and monthly payment estimated based on public records.
Source: RECO #8140559
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: #8140559
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.