BANK-OWNED OPPORTUNITY IN FORT MOHAVE! Discover the potential at 5518 S Praise Ave, located in the established Patriot Estates community. This 3-bedroom, 2-bath home offers approximately 1,631 sq. ft. of living space and presents an excellent opportunity for buyers, investors, second-home owners, or anyone looking to create a home that fits their vision. The property offers a practical floor plan, comfortable living space, and a convenient Fort Mohave location close to shopping, dining, outdoor recreation, the Colorado River and Laughlin, Nevada. As a bank-owned property, this home is being offered AS-IS, giving buyers the opportunity to purchase at an attractive price and add their own personal touches.
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 $91,184. 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.