Charming Prescott property just minutes from downtown, offering rare flexibility and ample space! This home features updated interior finishes, including fresh paint, durable tile, vinyl, and warm hardwood flooring throughout. The spacious, private backyard is adorned with mature trees and full-perimeter privacy fencing, making it perfect for relaxing, entertaining, or accommodating pets. Alley access enhances functionality, providing dedicated RV parking and room for additional vehicles or recreational toys. A standout feature of this property is the multiple outbuildings, which include two 12x12 sheds and a 15x15 shed--ideal for storage, workshop space, or hobby use. Whether you're seeking a full-time residence, a second home, or an investment opportunity, this property offers versatility, privacy, and a prime location close to everything Prescott has to offer.
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 $415,874. 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.