*** APPROVED SHORT SALE *** Home sweet smart home! Did you miss your chance to own the Camden floorplan? Here is your second chance! Lovely inviting great room floorplan flows nicely AND is Situated on a cul de sac lot. Limited neighbors (open space across the street) and a larger back yard- this 3 bedroom 2 bath is definitely a charmer! Ample kitchen cabinets, granite counter tops, etc. The owner's bedroom/bath has 2 walk in closets, walk in shower, dual sinks. Built in 2021! Solar lease for energy savings!
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.