9022 N 18th Dr Phoenix, AZ 85021
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About this home
FHA eligible Nov 15th Seller Financing available! Welcome home to this stunning ranch-style gem nestled in the heart of Phoenix's coveted Cox Village (Sunset North), where classic charm meets modern upgrades in one irresistible package. With 3 spacious bedrooms, 2 full baths, and over 1,700 square feet of inviting, light-filled living, this house is ready to wow from the moment you walk in. Step inside to discover a beautifully updated kitchen boasting quartz countertops, sleek stainless steel appliances, and plenty of style. Laminate wood flooring flows throughout the home, setting the stage for cozy evenings by the gas fireplace in the living room. Throw in updated tiled shower surrounds, recessed lighting, wood blinds, and a large interior laundry every detail has been thoughtfully remodeled. Outside, your private oasis awaits. The expansive backyard features a diving pool perfect for summer dips and entertaining under Arizona skies. With a newer roof overhead and a lot of land (0.15 acres / 6,544 sq ft), you have both comfort and space to breathe. This location is also a major win. From this home, you'll enjoy easy access to the I17, be steps from Biltmore Lakes, Olive Acres, and Royal Palms neighborhoods, and positioned to benefit from the upcoming Metrocenter Mall redevelopment and light rail expansion. All of it wrapped up in a friendly, wellestablished community with no HOA fees. Why you'll fall in love Stylish, movein ready interior with meaningful modern touches Private backyard retreat with pool perfect for summer fun or relaxing evenings Big lot + newer roof = peace of mind and room to grow Incredible location: accessibility, amenities, and future growth all in one
Source: ARMLS #6920487
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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.