1747 Satin Spar Pt Colorado Springs, CO 80908
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About this home
Gorgeous and turnkey 2-bedroom, 2.5-bath modern townhome masterfully blends stylish finishes, thoughtful upgrades, and an inviting sense of community on the edge of a park! From the moment you arrive, you'll appreciate the friendly, welcoming neighborhood and the huge green space just outside your front door. Enjoy your morning coffee under the covered patio or watch the sunset over Pikes Peak from the rear of the property or in the park! This home invites you to savor outdoor living year-round. Inside, the open-concept layout showcases a sleek kitchen with a spacious granite island, new low-maintenance flooring throughout the main areas, and contemporary stainless steel appliances including a dishwasher. The living area offers more upgrades with dimming light switches to set the perfect ambiance, central heating and air conditioning, brand-new carpet on the staircase and a modern metal stair railing, tall ceilings, abundant natural light, bright paint, cordless blinds, huge pantry, oversized garage and more! Retreat upstairs to find two spacious bedrooms with new LVP!!! Primary suite includes a large walk-in closet and zero gravity blinds for a clean look and effortless light control. A new washer and dryer adds to the home’s convenience. Property also features smart upgrades and efficiency along with very low HOA dues, extra insulation between units for enhanced soundproofing and energy savings, a finished garage complete with a water spout and outlets, and a very large and tall crawl space offering plenty of additional storage. Fiber internet is available, making this home ideal for remote work or streaming entertainment. Ideal location—200 feet from a movie theater with quick access to I-25 for an easy commute to Denver or downtown Springs, close to military bases and surrounded by a vibrant community with access to a brand-new amphitheater, Topgolf, indoor skydiving, go-karts, and more. Don’t miss the opportunity to make this exceptional property your new home!
Source: PPMLS #7403429
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.