Shortsale beautiful home located in the heart of Phoenix with 4 bedrooms, 2 bath and a large pool. Gorgeously engineered hardwood floors throughout the home along with 2 bedrooms with carpet. Granite countertops and stainless appliances. Spacious floor plan also includes a family room and a separate living room with a brick wood burning fireplace. Large North/South facing lot with pool and great covered patio to enjoy. Newer water heater. Hvac will need replacement by buyer. Come and check out this beautiful home!
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 $24,691. 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.