Properties / 24406 W VERLEA Drive
FHA ASSUMABLERate: 6.96%

24406 W VERLEA Drive

$365,000
Buckeye, AZ 85326
3 beds3 baths2,162 sqftSingle Family
The assumable advantage
6.96%
FHA assumed rate
$74,443 interest already paid off
Estimated Loan Balance$333,792
Cash to close$32,925
Est. Monthly PITI$2,802
Initial Loan Amount$343,397
Time on site50 days
Remaining Term26 years, 11 months
Seller's equity (what you pay)
$31,208
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

BACK ON MARKET - NO FAULT OF SELLER OR PROPERTY! Prior buyer was unable to perform due to financing. This home is in fantastic condition and ready for its new owner! Move-in ready and built in 2023, this spacious two-story home is located in the desirable Village at Sundance community in Buckeye. Offering 3 bedrooms, 2 bathrooms, a versatile bonus room, and a large upstairs loft, the home provides plenty of flexible living space. The bright, open-concept floor plan is ideal for everyday living and entertaining. The kitchen features granite countertops, a large center island, oversized pantry, and an easy flow into the expansive great room. Abundant natural light creates a bright and welcoming feel throughout. Upstairs, the generous loft offers a second living space perfect for a media room, playroom, or home office, while the additional bonus room provides even more flexibility for a gym, office, hobby room, or guest space. Step outside to the covered patio and private backyard--a blank canvas with plenty of room to create your ideal outdoor retreat or add a pool. Conveniently located near shopping, dining, golf, schools, and outdoor recreation, with easy access to I-10. If you've been looking for a newer Buckeye home with flexible living space and room to make it your own, this one deserves another look! Located in one of Buckeye's fastest-growing communities, this home is just minutes from shopping, dining, golf courses, schools, and outdoor recreation, with easy access to I-10 for commuters. Ideal for buyers searching for a newer home in Buckeye AZ, open-concept floor plan, home with loft and bonus room, or move-in ready home with room to grow in the West Valley.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $31,208. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms3
Square feet2,162
Property typeSingle Family
MLS #7009917
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$2,290/mo
Source est. payment (PITI)
$2,802/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$31,208

Asking price minus remaining loan balance. Closing costs are additional.

$0$31,208
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.