16341 E Bates Dr Aurora, CO 80013
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About this home
**Buy This Home and We'll Buy Yours!** Step into comfort and style with this beautifully remodeled 4-bedroom, 2-bath home located in the sought-after Meadowood community. From the moment you arrive, you'll appreciate the fresh exterior and a spacious two-car garage offering great curb appeal. Inside, the home boasts a light-filled floor plan with all the right updates. Enjoy brand-new carpet, modern flooring, and freshly painted interiors that create a warm and inviting atmosphere throughout. The kitchen is a true standout—featuring sleek new appliances, updated finishes, and excellent connectivity to living areas, making entertaining a breeze. Both bathrooms have been fully renovated with today’s trends in mind—featuring stylish fixtures and clean, contemporary design. The lower-level primary suite offers privacy and extra space—perfect for unwinding at the end of the day. Stay cool and comfortable year-round with an A/C system in place. Outside, the large fenced backyard is ready for whatever you imagine—gardens, playsets, or even your dream patio setup. There's plenty of room to relax, host, or expand your outdoor living space. Situated on a generous lot and just a short walk to local parks, trails, schools, and playgrounds, this home is also conveniently close to shopping, dining, and commuter routes—offering the best of both convenience and community living. Don’t miss your chance to own this beautifully updated home in one of the area's most desirable neighborhoods. Schedule your showing today!*Conditions apply.
Source: RECO #8833741
Neighborhood
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.
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