5505 N 103rd Dr Glendale, AZ 85307
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About this home
BEAUTIFULLY REMODELED SMART HOME with NEW 2025 App Controlled Trane Air-Conditioning, Amazon app-controlled garage door, and app-controlled drip system! With new tile and carpet, this home has too many upgrades to list, with almost 2000 square feet, 4 bed 3 bath, POOL, RV Gate and outdoor fireplace! THIS ENTERTAINER'S DREAM, IS ONLY ONE MILE AWAY FROM THE STATE FARM ARENA, WESTGATE ENTERTAINMENT DISTRICT, and THE SOON TO OPEN VAI Resort! Enter to the impressive great room with vaulted ceilings that span to the second level, that can be viewed from above! This formal living/dining area that is large enough for any Holiday gathering. The views of the yard with app-controlled drip system have mature landscaping, raised beam pool with peaceful sounding water features and outdoor fireplace! BEAUTIFUL ENTERTAINER'S DREAM, STATE FARM ARENA AREA, Remodel 4 bed 3 bath with POOL, RV Gate and outdoor fireplace! ENTER GREAT ROOM to Formal Vaulted living and dining area with view of well-designed yard, pool and fireplace, with mature landscaping! The open spacious off kitchen dining and living room is the perfect place for holiday gatherings. AND ALL THIS JUST ONE MILE to Westgate and new VAI Resort to enjoy the newest urban landscape developing in the West Valley! The granite countered kitchen, with large island, opens up to family room with access to pool decks with open views of Southwest styled, spacious backyard with outdoor fireplace with stucco & painted walls to give a more finished resort area look, for you and guests to sit by the pool, eat or sip drinks to eye view fencing private backyard with no neighbors to view or see in your private resort styled yard. Sublime architecturally raised tile wall sport lions and small waterfall splash water in pool, to highlight any romantic moonlit summer night! Guests can change clothes in the main floor French door bedroom and partnered bathroom, in comfort and privacy! This home can be yours with many upgrades and great design features that much bigger and higher priced properties offer! Come see how this home can be a total fit for you, family and guests!
Source: ARMLS #6886518
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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.