8567 Rabbitbrush Way Parker, CO 80134
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About this home
Welcome to your new home in the heart of Parker where convenience meets comfort. This 4-bedroom, 2-bath home offers an open floor plan with the primary suite located on the main level, giving you flexibility for any stage of life. Step inside to find thoughtful updates throughout. The main floor primary bedroom features an en-suite bath, recently upgraded with a low-maintenance acrylic walk-in shower, a built-in bench and shampoo cubby, glass enclosure, and a new toilet. The upper bathroom was fully refreshed with a new Dreamstyle tub/shower combo, new vanity, fog-free mirror, lighting, wainscoting, and a new toilet. One of the upstairs bedrooms even has direct access to the bath, a perfect setup for guests or older kids. The home’s major improvements are already handled for you: new skylights, new recessed lighting in the kitchen, new ceiling fan, popcorn ceilings removed, new roof, and new vinyl siding. Just move in and enjoy. Outside, the lot features established landscaping including mature evergreen and shade trees turf, lilac bushes, and a crabapple tree. Two outdoor sheds (8×6 and 12×16) provide fantastic storage for tools, toys, and seasonal gear. Located minutes from Costco, shopping, restaurants, parks, top-rated schools, and quick highway access. This home puts you right where you want to be in Parker. This is a great opportunity to get into a highly sought-after area with a home that’s already been updated where it counts. Come see it for yourself and envision the easy lifestyle that awaits.
Source: RECO #6770178
Loan details
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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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