8241 S Camino Serpe, Tucson, AZ 85747
4 beds · 4 baths · sqft sqft
Welcome to your dream home in the heart of Vail! This stunning 4-bedroom, 3.5-bathroom residence boasts 2,422 sq ft of beautifully designed living space, perfect for families and entertainers alike. As you enter, you'll be greeted by a formal dining area and a convenient powder room, setting the stage for gatherings with friends and family. The expansive ground floor features gorgeous 18 x 18 inch tile flooring that seamlessly flows throughout the open layout. The gourmet kitchen is a chef's delight, equipped with sleek stainless steel appliances, elegant dark granite countertops, and a spacious breakfast bar. An extended desk area provides the perfect spot for meal prep or homework, while the adjacent family room invites relaxation and easy entertaining. Upstairs, discover a versatile loft room, ideal for a home office or play area, along with a well-appointed laundry room, three generous bedrooms, and two conveniently located bathrooms. The spacious master suite is a true retreat, featuring large windows that frame breathtaking Desert views and ample space for a king-sized bed. The master bathroom offers a spa-like experience with a dual sink vanity, soaking tub, walk-in shower, and a spacious walk-in closet. Step outside to your private backyard oasis, where a buffer behind the property ensures tranquility and privacy. Enjoy picturesque Desert views from your extended paver patio, complete with a cozy fire pit and ambient lightingperfect for evening gatherings. Unwind in the inviting hot tub, making this outdoor space an ideal escape. Additional features include a MAN CAVE cooled and heated 3-car tandem garage with plenty of storage space. This home combines luxury, comfort, and breathtaking surroundings, making it the perfect place to call your own. Don't miss your chance to own this exceptional home in Vail the Vail school District! schedule a showing today
Source: SOUTHAR #22426038
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22426038
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: #22426038
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.