8996 Wolf Valley Dr Colorado Springs, CO 80924
Your savings
About this home
Beautiful single family home w/all the bells & whistles ($70K+ in upgrades) Located in desirable Wolf Ranch! One owner; turn key! Feels new, built in 2022 by David Weekly, been around 45+ yrs. Landscaping is done & custom blinds. Coleton floorplan w/exterior E on lot 10. 3 bedrooms (easy 2 add a 4th bedroom in basement), 4 baths with 3,345 sf. Wall gas fireplace @ family room w/tile surround. Quartz countertops. Decorative tile flooring. Luxury plank vinyl. Black finish light package. Stained handrails. Formal dining @ front of home; could be used as a toy room, office...Gourmet kitchen has 42" cabinets w/crown molding, 36" 5 burner gas cooktop w/ designer vent hood. Builtin double oven & microwave. Kitchen island w/ barstool space. Pantry. Counter space 4 a coffee bar. Subway tile backsplash. Room for eat in area at the family room. Half bath on main level off garage. Coat closet & built in mudroom space. Upstairs u will find the bedrooms, loft & laundry. Master bath has 2 sinks & the super shower w/ rain head. Frameless. Double closets. Guest bathroom upstairs w/linen closet. Guest bedrooms have walk in closets. Loft can be used as whatever u feel u r missing. Laundry room has a drain, shelf, sink & cabinet. Open space in the basement. Great game room w/full bath & wet bar. If u need a 4th bedroom add a wall since closet & window already there. Exterior side patio w/ceiling fan. Attached 2 car alley load garage with 8' Wayne Dalton door. Spigot & 20 amp GFI. Street parking in front. HOA takes care of snow removal & maintains ur private fenced Xeriscaped yard, drip system w/gate. Lots of storage. Ecobee. A/C unit. Rheem tankless gas water heater. Whole house fan; master zone/zoning system. Radon mitigation system. Sump pump. Garage & front door has keypads. Colorado Springs utilities. Transferrable builder warranty. Peaceful community w/award winning schools. Perfect location 4 all. Enjoy some fresh air while on the trials. VA Assumable loan; current rate 4.625%.
Source: RECO #1754917
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.