ATTENTION INVESTORS AND FLIPPERS! Bring your vision to this spacious 3-bedroom, 2-bath home in the desirable Rainbow Acres community. This home features an open-concept layout that connects the kitchen, breakfast nook, and living area, providing an excellent base for your custom renovations. The home includes a functional kitchen with butcher block countertops, a stainless steel sink, and a dishwasher. Generously sized laundry room offers extra storage. The exterior features a large, low-maintenance lot with attractive landscaping rock, two RV hookups, two drive gates, and a separate man gate for easy access. Enjoy relaxing on the covered patio or under the additional patio/carport while taking in the stunning mountain views. Enclosed by higher-than-average Mexican brick walls, this property offers privacy and significant potential for the right buyer. Vacant and ready for a new owner to bring their creative touch! Priced well below appraised value. SHORT SALE - SUBJECT TO THIRD-PARTY APPROVAL.
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 $0. 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.
Confirm the current loan balance and equity requirement with an agent before estimating cash needed.