Assumable mortgage (well below market rate) to qualified buyers on this 2,698 sf Majestic Hills retreat at the end of a private cul-de-sac, backed by a natural wash with unobstructed mountain views and no neighbors behind, ever. Vaulted ceilings and skylights carry light through an open living room. Downstairs, a den holds a home office or library; upstairs, a loft flexes into a gym, studio, or media room -- three bedrooms and room to spread out however you actually live. The true chef's kitchen brings granite counters, an oversized island, built-in desk, gas cooktop, and stainless appliances into a family room fireplace. The primary suite opens onto its own balcony and shares a two-way fireplace with an adjacent bonus room framed by mesmerizing mountain views. Step outside to a heated pool and spa with a brand-new heater, total privacy, and a quiet private-road setting. New roof (west side), new upstairs AC, fresh paint throughout -- the systems are handled. Add a 2-car garage, solar screens, a $78.50/month HOA, and Paradise Valley Unified Schools.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.
You need to cover the seller's equity of $237,583. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.