56163 W Papago Rd Maricopa, AZ 85139
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About this home
*Sellers are motivated**Step into your own private country haven, nestled on 4 fully fenced acres with panoramic mountain vistas that feel like living inside a painting. This inviting 3-bedroom, 2-bathroom home is designed for outdoor living and creative lifestyles, offering space, flexibility, and inspiring views at every turn. Inside, you'll find laminate flooring throughout and a chef-inspired kitchen featuring a versatile island with a butcher block top on wheels—perfect for meal prep or casual gatherings. The built-in fridge nook maximizes space and keeps your kitchen sleek and organized. The lower level sunroom is a true showstopper, potential wall-to-wall bookshelves—ideal for a homeschool setup, a cozy reading lounge, or a semi-private retreat for work or relaxation Step out onto the front balcony and soak in the fresh air and breathtaking scenery. Both the home and the spacious garage are topped with durable metal roofing. The garage, with its own bathroom, shower, and sink, offers a generous 1,000 sq. ft. of potentialimagine transforming it into a stylish guest house, studio, or workshop. Bring your horsesthere's plenty of room to roam, and the 6' chain link fencing ensures privacy and security. With no HOA restrictions, you have the freedom to create your dream lifestyle. This property is ready for your vision. While it does need some TLC and repairs, the possibilities are endless. Embrace the opportunity to craft the mountain retreat you've always dreamed ofwhere every window frames a masterpiece and every day feels like a getaway.
Source: ARMLS #6910726
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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.