52982 Sweet Juliet Ln Lake Elsinore, CA 92532
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About this home
Welcome to 52982 Sweet Juliet Lane, a spacious and well located 4-bedroom, 2.5-bath home offering 2,643 sq ft of living space in the sought after Rosetta Canyon community of Lake Elsinore. This two story single family home sits on a generous 7,405 sq ft lot and features an inviting layout ideal for both everyday living and entertaining. Downstairs, the home offers an open-concept floor plan with dedicated living and dining areas, as well as a large kitchen with an oversized center island, ample counter space, and room for additional seating or a breakfast nook. A separate family room with a cozy fireplace creates the perfect space to relax or entertain, and theres a convenient half bath on the main level for guests. Upstairs, you'll find all four bedrooms along with a spacious loft perfect for a home office, media room, or play area. The primary suite features abundant natural light, a large walk-in closet, and a private en-suite bath. Three additional bedrooms share a full hallway bathroom and offer flexibility for growing households or multigenerational living. Step outside to a large backyard with a covered patio and panoramic views of the nearby mountains. The backyard is a blank canvas oasis offering privacy, hillside views, and incredible potential. Whether you envision a pool, garden, or outdoor kitchen, theres ample room to turn this space into your private retreat. Rosetta Canyon is known for its welcoming neighborhood feel, 23 acre community sports park, and convenient access to shopping, dining, and commuter routes. The nearby park includes tennis courts, basketball courts, baseball and soccer fields, a dog park, playgrounds, and shaded picnic areas. Earl Warren Elementary School is just a short walk away, making this home especially appealing for families. Located just minutes from Highway 74 and the I-15 freeway, this home offers quick access to the Temecula Valley, Menifee, and surrounding areas. Enjoy the scenic beauty of Lake Elsinore, nearby hiking trails, and the convenience of modern suburban living in one of the areas most popular communities.
Source: SANDIEGO #SW25244018
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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.
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