755 Apache Trl, Woodland Park, CO 80863
2 beds · 2 baths · 1,452 sqft
Discover this well-kept 2 bed, 2 bath townhome offering low maintenance and an ideal location just outside the city. Carport parking with addition parking right out front! With no direct rear neighbors, you'll enjoy complete privacy and stunning Pikes Peak views out your window. The home features soaring cathedral ceilings with three skylights, ensuring a bright and airy atmosphere. Recent upgrades include a newer boiler, on-demand hot water system, 2-zone thermostats, and tilt-in, easy-clean windows. The oversized master bedroom boasts a walk-in closet and a private sink/vanity area, with potential to add a shower to the half bath. The spacious second bedroom includes a large closet, while the living room offers the option to add a gas fireplace. Did you need storage? THIS HOME HAS A TON OF IT! Each loft has a ample storage area! The living room loft has a 3'x5' storage and the loft above the kitchen is 3'x8'. On the lower level under the stairs you also have an 11.5' x 13'. The property also features two enclosed sunrooms, a front porch perfect for deliveries, and an enclosed, tiled sunroom off the master bedroom prepped for an indoor hot tub. Additional perks include an under counter water filtration system, newer carpet, refrigerator, and garbage disposal (2022), indoor laundry, and ample storage with built-in bookshelves. The low HOA fee covers trash, snow removal, and exterior maintenance/insurance. Located near a quiet bike path and close to parks like Memorial Park, Rampart Reservoir, Manitou Lake, Eleven Mile Canyon, Pikes Peak, and Garden of the Gods, this home is perfect for outdoor enthusiasts. With easy access to Colorado Springs and amenities such as grocery stores, restaurants, and more, this peaceful townhome is also an excellent investment opportunity, with the potential for short-term rentals. Don't miss out on this fantastic property!
Source: RECO #6572555
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #6572555
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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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