78721 Hampshire Ave, Palm Desert, CA 92211
2 beds · 2 baths · 1,080 sqft
Get a free consultation call with an expert in the mortgage assumption process.
One of the largest backyards in the entire community--paired with rare access to a private pool and spa just down the street. This beautifully upgraded corner-lot home offers 2 spacious bedrooms, 2 full bathrooms, and approximately 1,080 square feet of open-concept living designed for comfort, connection, and easy indoor-outdoor flow.Set on one of only nine streets in Sun City Palm Desert with direct access to the private Newcastle pool and spa, this home is a rare find. The oversized backyard is a true highlight--an entertainer's dream and a peaceful escape all in one. It features low-maintenance native landscaping, pet-friendly smooth river rock that's gentle on paws, and a full misting system to keep the outdoor living area cool and enjoyable even in the summer.Inside, you'll find contemporary wood-look tile floors throughout, adding both durability and modern flair. The living area is bright and welcoming, with large windows that let in the desert sunshine and provide views of the lush backyard.The kitchen features crisp white cabinetry, ample counter space, and a gas range, making it perfect for both daily use and entertaining. The seamless flow into the dining and living spaces invites connection and ease.The primary suite includes a walk-in closet, private en-suite bathroom with a walk-in shower, and modern fixtures. The guest bedroom is equally comfortable and versatile--ideal as a guest space, office, or hobby room. Both bathrooms include built-in bidets, adding a touch of comfort and luxury to daily living.Evenings are made magical thanks to a ceiling-mounted 4K projector and 126' retractable outdoor screen--perfect for watching sports, movies, or music under the stars. A private jacuzzi adds the finishing touch to this custom backyard retreat.Additional highlights include low-cost electricity from Imperial Irrigation District (IID), a covered patio for shaded lounging or dining, and the quiet privacy of a premium corner lot.Sun City Palm Desert is a nationally recognized 55+ community--named one of the top 10 places to retire in the U.S. by Money Magazine. With low HOA fees, award-winning amenities, and an active social calendar, this is one of the best values in the desert.
Source: CRMLS #219127814DA
Source: CRMLS #219127814DA
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.