Owning this property comes with several practical upgrades already in place: Twenty-four solar panels were installed on the roof about five years ago, and the seller reports that each UniSource Energy invoice has shown a zero balance. This is an average savings about $250 per month! In 2023, a new roof was installed on the house and all attached structures. Step outside to a backyard built for flexible use. There is a newer 8 x 12 tuff-shed with electrical and A/C, finished walls and floors, added in 2017, plus an additional 6 x 6 storage shed. The yard also includes a 9 x 9 cedar-lined walled rec room with power, designed to accommodate an inflatable pool or hot tub, with fill water conveniently right outside the entry. An additional 128 sq ft Arizona Room is attached to the home, not included in the listed square footage (actual is 1359 sq ft). The seller notes that a hallway 2-door addition could allow for adding a 4th BR and a backyard exit door. Lastly, an alley-accessible gated driveway in the back provides safe parking for another vehicle, mobile home, or trailer. Concrete block fencing surrounds the entire back yard. The garage has been dry walled, with added power duplexes. There is a pulldown ladder, leading to the attic, which contains 150-200 cubic ft. of storage space. The living room comes with an electrical fireplace heater, surrounded by a wooden shelf-storage unit. The entire house inside floors are either hardwood or tile. Potentially save an additional $235-250/month on your mortgage by assuming the pre-existing low interest loan. Between the electricity bill savings from Solar, and a loan assumption option, you have an opportunity to live affordably in this well kept home, versus other properties in the area!
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 $54,480. 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.