7849 E Madero Ave Mesa, AZ 85209
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About this home
A rare gem in Sunland Village East — completely and thoughtfully remodeled and expanded. For buyers seeking zero projects, this home checks all the boxes; with over $100,000 invested in renovations and upgrades already completed. In 2023, the home was expanded with a beautifully integrated addition that includes its own heating and cooling, natural light, dual closets, and a privacy partition—creating a third bedroom option. With a dedicated office space already in the home, this addition could also offer added flexibility for use as a hobby, craft, or sewing room. The kitchen is a showstopper, taken down to the studs and rebuilt to boast custom Maple cabinetry, granite countertops, soft-close drawers, pull-out shelves, stainless steel appliances, and many other carefully crafted upgrades The spacious counter seating is the perfect spot for family and friends to gather and chat while meals are being prepared. The expanded multi-use room off the kitchen combines laundry and office space, featuring Maple cabinetry, a his-and-her desk with granite countertops, plus a large closet for storage. It also provides direct access to the south-facing patio. The backyard has been beautifully relandscaped with a significant investment, creating a stunning and inviting outdoor space. It features an extensive paver project covering most of the area, complemented by a maximum-height block wall owned by the homeowner for added privacy and security. Enjoy relaxing or entertaining under the covered patio and a fully covered pergola equipped with roll-down sun shadesperfect for controlling sunlight throughout the day. This backyard is truly designed to be a proud and comfortable space for gatherings and outdoor living. The paver work continues seamlessly from the backyard all the way to the expanded driveway and out to the street, with wide side gates on both sides of the homespacious enough for golf cart access. The front yard has also been professionally re-landscaped with decorative rock and accented turf grass, adding to the home's clean, low-maintenance curb appeal. Pride of ownership shines throughout this home, with so many upgrades that words can't do it justiceyou'll need to see it to truly appreciate. Don't miss your chance to own a beautifully upgraded home and start enjoying the Sunland Village East lifestyle.
Source: ARMLS #6923872
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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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