57716 Juarez Dr, Yucca Valley, CA 92284
2 beds · 2 baths · 1,200 sqft
This well maintained 2-bedroom, 2-bathroom home is situated on a desirable corner lot in the sought-after Sky Harbor neighborhood, it spans approximately half an acre and is surrounded by mature trees and a beautiful desert landscape with scenic views. The living room has built-in shelving and a cozy natural gas fireplace. The kitchen is equipped with stainless steel appliances, including a gas stove and built-in microwave, and the dining area is conveniently located off the kitchen. A separate office space with built-in cabinets offers direct access to the enclosed patio and garage. The spacious primary bedroom comes with an en-suite bathroom, while the large secondary bedroom is adjacent to a hall bathroom. As an added bonus there is an enclosed patio that features a natural gas heater, carpet flooring, and lovely views of the yard. The attached 2-car garage includes a laundry area with a sink, built-in cabinets, a newer water heater, and carpeting. This space can be used as a traditional garage or additional space for an in-home gym or extra storage, providing versatility. The backyard, which has gated access from Warren Vista, features a separate 2-car garage, fire pit area, cowboy shed, garden areas, and ample space for RV or boat storage. Fully fenced for privacy, this home also boasts a newer roof, making it a fantastic opportunity for any buyer. Close Proximity to Joshua Tree National Park, Pioneer Town and Palm Springs.
Source: CRMLS #IG25061999
Financials
Source: CRMLS #IG25061999
Source: Public records
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
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