Seller will carry back the loan for 7 years. Solar system worths $ 40000 paid off. Great Deal! 50+ Active Adult living! Solar panels in place and the Solar Lease will be paid in full ! Over $1500 electric savings every year for the next 27 years, fully paid by the Seller. Enjoy the small, gated community, quiet, safe and wonderfully located near hospital, shopping, services and interstate. The front porch offers a nice place to sit and relax, the fully fenced backyard with covered patio includes full landscaping and automatic watering. Home is well cared for, 2 car garage is a plus. New Hot Water Heater and one year old Refrigerator. Enjoy Villa de Jardines and visit this home today!
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 $24,187. 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.