48119 Via Hermosa La Quinta, CA 92253
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About this home
Welcome to this beautifully upgraded freestanding resort style home, nestled in the vibrant core of La Quinta--renowned as ''The Gem of the Desert'' Step through the stunning double leaded glass doors into a luminous interior adorned with rich hardwood floors that flow seamlessly through the living and dining areas. The inviting living room boasts a cozy fireplace and a built-in bar, perfect for entertaining guests. Custom plantation shutters throughout the home offer both elegance and privacy. The updated kitchen is a chef's delight, featuring built-in shelving, a charming eat-in nook, and ample space for culinary creations. Each of the 3 spacious ensuite bedrooms provides comfort and tranquility, with one showcasing custom built-in bookshelves--ideal for a home office or personal library. Relax in the primary suite, featuring new flooring, a spa-inspired bathroom with an updated walk-in shower, a soaking tub, dual sinks, and a generous walk-in closet. Additional upgrades include newer windows that enhance energy efficiency and a serene outdoor space perfect for relaxation or al fresco dining. Tastefully decorated and meticulously maintained, this elegant home offers refined desert living at its finest. Sought after gated community of Laguna De La Paz with 15 pools & spas, 5-acre lake, walking trails, club house with fitness center, pickleball and more.
Source: CRMLS #219129942DA
Neighborhood
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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.