1117 E Gwen St offers a fantastic opportunity for investors, flippers, or buyers looking to build equity over time! This short sale property is priced accordingly and features strong upside potential in a desirable Phoenix location. This home offers formal and family rooms, open kitchen, jack and jill bathrooms, 2 bedrooms on one side and den + primary room on other side, vinyl woodllike flooring th/out. The home does need repairs and updates, including A/C replacement, flooring in the primary bedroom, and pool restoration, making it ideal for someone ready to add their personal touch and vision. Spacious layout, generous lot size, and great bones provide the perfect foundation for renovation and future value appreciation. Whether you're looking for your next investment project or a chance to purchase below market value, this property presents incredible potential. Property sold AS-IS.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.
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.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
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.