1168 Saguaro Rd Beaumont, CA 92223
Your savings
About this home
Welcome to 1168 Saguaro Road, a beautifully maintained home in the highly desirable 55+ community of Beaumont. This charming property offers comfort, style, and a low-maintenance lifestyle, perfect for enjoying Southern California living. Step inside to find newer, wood-like flooring throughout and neutral, freshly painted walls that create a bright and inviting atmosphere. The spacious kitchen features elegant granite countertops and seamlessly opens to the dining and living areas, ideal for entertaining or everyday living. The primary suite is generously sized with its own private bathroom, providing a peaceful retreat. A versatile den offers the option of a third bedroom, home office, or hobby space. Enjoy the outdoors from the oversized covered patio equipped with a ceiling fan, where you can relax and take in the stunning mountain views. Sitting on a desirable corner lot with only one close neighbor, this home offers extra privacy and space. Additional highlights include plantation shutters throughout, a dedicated laundry room with granite counters and sink, and a secure, gated setting for peace of mind. Residents of this vibrant community enjoy a wealth of resort-style amenities including a pool, spa, fitness center, tennis and pickleball courts, golf, and more. This home truly combines comfort, convenience, and an active lifestyle all in one of Beaumont’s most sought-after neighborhoods.
Source: CRMLS #IV25234897
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.