Darling 2 bed, 1.5 bath condo in desirable Fountain Hills! This lovely two-story home features an open living area with high ceilings, tile and carpet in all the right places, and a bright kitchen with ample cabinetry and essential appliances. Enjoy a spacious covered patio with parking just behind for easy access. Upstairs, each bedroom has its own balcony--one overlooking the pool, the other with mountain and Four Peaks views. Clean, bright, and move-in ready--an excellent opportunity for a variety of buyers seeking comfort and convenience. Located in a very quiet neighborhood within walking distance to the Fountain, shopping, schools, and just 10 minutes to Mayo Clinic.
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 $166,361. 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.