16397 Cajon Blvd San Bernardino, CA 92407
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About this home
Prime Land is ready for you to unlock the potential of this expansive 40-acre lot in San Bernardino! This rare offering presents a 3+2 house, with new windows and exterior textures and paint. Oversized Solar Panel Incredible opportunity for investors, developers, or those seeking a private retreat. It is 40 acres of versatile land, providing ample space for residential, agricultural, or commercial development. Zoning is R-R and can change the zoning on anything over 5 Acres. Ideal for a variety of uses—explore possibilities for single-family homes, multi-family units, or commercial projects. Enjoy breathtaking views and the tranquility of open space, perfect for creating your own paradise or investment opportunity. Utilities are connected and in proximity to expanding utilities, making development easier and more efficient. This expansive land is a blank canvas awaiting your vision! Contact us today for more information and to schedule a viewing of this incredible 40-acre property at 16397 Cajon Blvd. Don’t miss out on this unique opportunity! Close to the Railroad tracks. There are two entrances from the main road to get to the property. Glen Helen Rd and Kenbrook Rd off Cajon. Just notified there are plans for a shopping center approx 30 acres in the area.
Source: CRMLS #CV25069678
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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.