Approved Short Sale! Fully updated 3-bedroom, 2.5-bath corner lot home in the Villages at The Spectrum! Upgrades include new butcher block countertops, new sink, updated light fixtures, new interior paint, and new upstairs flooring (2025). The kitchen features new Samsung Appliances and all bathrooms have been beautifully remodeled. Major system updates include newer HVAC (2022), brand new 2025 water heater, water softener, new electrical panel, and a 60V EV charging outlet in the garage. Enjoy an upgraded backyard with new turf (2025), extended paver patio with covered seating, and a sunken trampoline. Exterior painted in 2022. Conveniently located near the freeway with easy access to shopping, dining, and entertainment in the heart of Gilbert.
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.