3214 Shalimar Ter Pueblo, CO 81008
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About this home
Welcome to this beautifully maintained 3-bedroom, 2-bath tri-level home tucked away in the desirable Country Club Heights neighborhood of Pueblo. Offering 1,759 square feet of living space on a generous 0.21-acre lot, this property combines comfort, convenience, and functionality. Step inside to find a warm and inviting living room with a wood-burning fireplace, perfect for cozy evenings. The updated kitchen features solid-surface counters, modern appliances, and flows seamlessly into the dining area and bright sunroom, ideal for year-round enjoyment. Upstairs, you’ll find two spacious bedrooms and a full bath, while the lower level offers a private bedroom, an additional bathroom, and a comfortable family room—perfect for guests or multi-generational living. This home is move-in ready with important updates already done for you, including a newer furnace, water heater, and central A/C—all just 3 years old. It also comes with a water softener, providing added convenience. You’ll also enjoy the video doorbell and smart security system, giving you peace of mind. Enjoy the outdoors with a covered front porch, private fenced backyard, storage shed, and backyard pool area with lots of potential. The attached two-car garage provides plenty of parking and storage space. Conveniently located near schools, shopping, dining, and just minutes from I-25, this home offers both accessibility and a peaceful residential setting.
Source: PPMLS #7190550
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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.