23050 Catt Rd Wildomar, CA 92595
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About this home
Lightening only strikes once and this is your opportunity to grab it! Location! Location! Location! Located in Southwest Wildomar, right next to Murrieta, this adorable home will knock your socks off as you will be in awe of the floorplan. A large living area welcomes you into this lovely home, with luxurious lush carpet flooring, that is well maintained. The light & bright Kitchen adjoins the spacious Family Room, lots of windows for natural light, cozy fireplace in the family room, to keep you warm in the winter, tons of cabinets and a huge walk-in pantry, leading to the 3 car garage, that has Epoxy flooring and tons of built in cabinets. Upstairs you will find the Primary Bedroom, a luxurious bathroom, large walk - in closet, dual sinks, separate tub & shower & soaking tub. The additional 2 bedrooms are upstairs & spacious as well, both with walk in closets and ceiling fans, plus an upstairs loft! Additional amenities include custom patio cover, beautiful complete custom kitchen, perfect for outdoor entertaining, lemon, lime, cumquat fruit trees, paid off Solar, newer AC and furnace, covered gazebo with spa, ceiling fans, misters, security system by ADT, and oversized shed. This home has low taxes, NO HOA & is located within easy freeway access, & close to shopping & restaurants and the acclaimed Wine Country. There’s no place like home & this home awaits your arrival. We welcome your consideration of ownership in this outstanding charming and gem of a place to call home. Hurry on this one!
Source: CRMLS #SW25143630
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Close stress-free in 45 days, handled start to finish by Roam.
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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.