GREAT OPPORTUNITY IN THE HEART OF FOUNTAIN HILLS! LOWEST PRICED 2BED/2BATH CONDO WITH ONE CAR GARAGE IN THE ZIP CODE!! **Seller concession of $5K towards buyer closing costs. Assumable VA loan at 2.75%** This top floor unit on one level, has views, with new carpet, new paint, new washer/dryer and new dishwasher! A perfect investment, primary residence or vacation property. Only a 1/2 mile walk, run or bike ride to Fountain Park. Lounge by the newly remodeled pool and enjoy fountain, mountain and wash views!! Walk-in kitchen pantry, walk-in master closet, in unit laundry, 1 garage space and covered balcony.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.
You need to cover the seller's equity of $96,715. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
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.