3705 W Villa Theresa Dr Glendale, AZ 85308
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About this home
Welcome to your dream home located in the heart of beautiful Glendale, AZ! This charming residence offers a perfect blend of modern comfort and timeless elegance. Step into a spacious living area with an open and airy, light atmosphere. The kitchen includes all appliances and ample storage-ideal for both daily living and entertaining! Exit the living area to enjoy your morning cup on the serene patio, or host gatherings in the expansive backyard, perfect for outdoor dining and relaxation surrounded by lots of cool green landscaping. Upstairs, discover flexible living with a versatile loft—perfect for a media room, play area, or office. A convenient additional bedroom downstairs ensures a warm welcome for any guests. Keep everyone cool inside with the Brand New HVAC Unit. Retreat to the main bedroom with plush carpet and his and her closets.This charming brick facade home, with a 2-car garage, is tucked away in a peaceful cul-de-sac, yet conveniently close to shopping centers, top-rated restaurants, and offers easy freeway access. Experience the perfect balance of tranquility and convenience. Don't miss your chance to own a slice of paradise in one of Glendale's most coveted neighborhoods. Visit today and start living the lifestyle you've always dreamed of! Don't miss this opportunity to own a piece of paradise in one of Glendale's most sought-after neighborhoods. Come see this home today and experience the lifestyle you've always dreamed of!
Source: ARMLS #6886896
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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.