8442 Blazing Star Pl Parker, CO 80134
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About this home
Welcome to this beautiful home nestled on a quiet cul-de-sac in Parker’s Cottonwood neighborhood. Tastefully renovated with Quartz counters, updated LVP flooring, stairs and bannisters. The home boasts a NEW FURNACE, new refrigerator, stove and dishwasher, new front windows. This charming home features an open floor plan kitchen, living room and dining room with tons of natural light. On the upper level you will find 3 bedrooms with 2 this nicely updated bathrooms. On the lower level enjoy an additional family room and laundry room. The large backyard is ready for your imagination. Enjoy low utility bills with a FULLY PAID SOLAR! Enjoy no HOA and the convenience of this fabulous location just minutes from Costco, Trader Joe’s, and King Soopers, Lifetime Fitness, as well as downtown Parker. Easy access to E-470 for a smooth commute to the Denver Tech Center, Denver International Airport, the mountains, and all around town! Don't miss this like-new, move-in-ready gem!
Source: RECO #3832372
Loan details
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.
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