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 El Mirage neighborhood. Inside, you'll find an open floorplan filled with natural light, giving the home a bright, welcoming feel from the moment you walk in. The primary bedroom and bath are conveniently located downstairs, while upstairs offers a huge loft, a versatile bonus space perfect for a game room, media area, home office, or second living room, plus three more bedrooms for family or guests. Fresh paint throughout both levels and ne carpet mean some of the work is already done, so you can focus your energy (and budget) where it counts most. Major systems are already taken care of too, with a newer HVAC and water heater both installed in 2022, plus a Tesla solar system to help keep energy bills low. The big lot also leaves room for a possible RV gate, extra parking, or future outdoor projects. Please note: this is a short sale, and as with most short sales, patience pays off. 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 El Mirage neighborhood. Bring your vision (and a little patience). This house is ready for someone to make it shine!
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.