The property presents a value-add scenario with multiple potential strategies, including continued residential use or pursuit of licensing through the AZ Dept of Health Svcs and applicable fire and building codes or use as a PadSplit property. Spacious Home Perfect for Entertaining! Step into a home designed for comfort and gatherings! This stunning property features one bedroom and a full bathroom on the main floor ideal, a large loft, six bedrooms and two full bathrooms upstairs that includes a generously sized master suite. Home has both a family room and formal living room, plus an eat-in kitchen and formal dining area--ideal for every occasion. Outside, relax on the covered patio or play in the large, grassy backyard with mature landscaping.
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 $257,866. 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.