This 3-bedroom, 1-bath home sits on a .43-acre lot backing to the former Beaver Creek golf course, offering added privacy and open space. Now priced to reflect needed repairs, this property offers an excellent opportunity for investors, contractors, or owner-occupants looking for sweat equity. Property is being sold in its current condition. Recent improvements include a new roof and HVAC system (2023), luxury vinyl plank flooring in the living room, family room, and primary bedroom (2026), plus fresh interior paint throughout. The rear access easement provides convenient backyard access for RVs, trailers, boats, and outdoor equipment. Located in Lake Montezuma, this home offers a relaxed Verde Valley lifestyle with easy access to I-17, Sedona, Cottonwood, and Camp Verde.
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 $72,745. 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.