808 Kitty Hawk Ln, Grand Prairie, TX 75051
2 beds · 2 baths · 1,496 sqft sqft
REDUCED! MOTIVATED SELLER! FANTASTIC OPPORTUNITY & VALUE for this ONE STORY townhome in a GATED, 55+ Community, priced below Tax Value! Abundance of natural LIGHT, on a spacious, landscaped, CORNER LOT with trees! Wide hallway and doorways make for easy mobility. In the past year, bathrooms have had new “comfort height” 19” toilets, faucet & tub fixtures replaced, 2-in-1 flexible shower heads and grab bars added ($6k Value)! The BONUS ROOM, full of windows makes a great office, craft or add'l bedroom! One of the nicest looking backyards, breezes waft through the trees. Soak your aches and cares away in the THERMO SPA HOT TUB, installed 11-2023 for $11,000!! Most rooms have nice C-Fans to keep you cool. SS appliances, oven replaced, granite C-Tops, under mount sink, one-handle spray faucet. Kitchen & Pantry have easy slide drawers. Perimeter fencing around the Community, walking trail, Gazebo, Clubhouse, Fitness Ctr. & Pool! Conveniently located right off PG Bush Frwy., between I30 & I20, so you can zip to the phenomenal Summit 50+ Rec Ctr. or play pickleball at Chicken N Pickle - all at Epic Central! Or take in horseracing at Lone Star Race Track, shop at Grand Prairie Outlet Mall, zip to DFW Airport, minutes to downtown GP with a Farmer's Mkt, new Fire Station & City Services! Veteran’s Memorial Park and Post Off., adjacent to the Comm! Albertson’s, 1 mile, VA Clinic-3 miles! This home has it ALL!
Source: NTREIS #20668411
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20668411
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.
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.
MLS ID: #20668411
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.