This One's a Slow Burn ... But Oh, So Worth It! Their loss is your gain! Please note: this is a short sale, and as with most short sales, patience pays off. Buyers should expect an approximately 90 day transaction timeline. For the right buyer willing to wait it out, this is a fantastic opportunity to score a home well below market value in a growing neighborhood. INVESTOR SPECIAL! Newer roof, newer HVAC, and newer water are already here, just bring your tools and some fresh eyes. Very convenient location, ripe for new owners! This large lot allows for incredible opportunity to expand on the original home. You can easily fit a casita or additional bedroom/bathroom and still have a nice spot for BBQs, a nice lawn, or even a pool! The drive-thru driveway is perfect for that RV you've been eyeing too. Did we mention there's no HOA? Their loss is your gain. Bring your toolbelt and vision and give this sweet home some new life!
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 $0. 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.
Confirm the current loan balance and equity requirement with an agent before estimating cash needed.