Experience high-desert privacy with city conveniences in this beautifully updated 3-bedroom, 2-bathroom Cornville home. Set on 2.67 elevated acres, this property offers a rare instant-equity opportunity, priced below its January appraisal. Property Highlights: Room for All Your Toys: 2.67-acre lot with NO HOA--perfect for your RV, boat, horse trailers, side-by-sides, or a future workshop. Modern Refresh: Crisp, open-concept 1,414 sq. ft. interior with a clean neutral palette, updated fixtures, and brand-new LifeProof™ plank flooring. Updated Kitchen & Baths: Features brand-new Corian countertops, a new dishwasher and disposal, and new porcelain tile in both bathrooms. Stargazer's Backyard: The large, fully fenced backyard is perfect for pets, entertaining, and taking in 360-degree panoramic views under dark Arizona skies. The Perfect Location: Enjoy country quiet just minutes to the Page Springs Wine Trail, Oak Creek, and outdoor hiking trails. Positioned perfectly in the Verde Valley, you are a short, scenic drive from the conveniences of Cottonwood and the world-class dining and red rocks of Sedona. Move-in ready with instant equity.
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.
You need to cover the seller's equity of $319,631. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
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.