Seller would consider helping Buyer with closing costs, up to $3000, with an acceptable offer. Welcome to 3702 N Iowa Avenue in the popular 55+ community of Florence Gardens. This well maintained home has received significant updates and improvements, offering comfortable single level living and a low maintenance lifestyle in a vibrant active adult neighborhood. Major updates include roof replacement, backyard fencing, exterior paint in 2021, interior paint in 2024, windows replaced, and new appliances in 2024. LED lighting and upgraded laminate flooring in the kitchen, dining, living room, and hallway were completed in 2025. The home offers a bright living area, efficient kitchen, well sized bedrooms. Florence Gardens residents enjoy exceptional amenities.
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 $51,685. 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.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.