Why keep renting when homeownership can be yours? This beautifully refreshed 1-bedroom, 1-bath Phoenix condo offers an inviting entry into homeownership or an appealing investment opportunity. Enjoy new hickory-plank flooring, smooth ceilings, fresh paint, refinished cabinetry, stylish black and champagne fixtures, new ceiling fans, all-new stainless-steel appliances, and an in-unit stackable washer and dryer. Ideally located next to the canal and near Dreamy Draw Mountain Recreation Area, with easy access to the Biltmore, Uptown, dining, shopping and outdoor recreation. Move-in ready, thoughtfully updated and easy to maintain--an opportunity to own your own piece of Phoenix.
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 $86,251. 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.