This 2018 home offers exceptional value for the asking price; New carpet & freshly painted is this 5 bedrooms / 3.5 bathrooms home. Save BIG by assuming current loan at a rate of 3.75%. Property also offers leased solar energy; water filtering system; cozy main living room that leads to the spacious kitchen featuring lots of cabinet space, granite countertops and newer stainless steel appliances featuring a gas stove; main floor master bedroom affords privacy and practicality; large upstairs loft for entertainment; 4 spacious bedrooms with larger closets with 1 having its own bathroom! Plus, a clean big backyard waiting for your creative landscaping ideas to build your own oasis.
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 $100,275. 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.