9300 W Wood Dr Peoria, AZ 85381
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About this home
WELCOME TO THIS STUNNING 2 STORY HOME BUILT IN 2013, OFFERING 4 BEDROOMS AND 3 BATHROOMS IN THE HIGHLY SOUGHT OUT PEORIA SCHOOL DISTRICT. DESIGNED WITH COMFORT IN MIND, THIS HOME FEATURES AN OPEN FLOOR PLAN WITH NEW FLOORING ADDED DOWNSTAIRS, SOOTHING COLOR PALETTE, RECESSED LIGHTING, AND ELEGANT ART NICHES AND DOORWAYS THROUGHOUT. THE HEART OF THE HOME IS THE GOURMET CHEF'S KITCHEN, LG 30" BUILT IN CONVECTION OVEN, MICROWAVE WITH AIR FRY AND WI-FI. GORGEOUS DESIGNER BACKSPLASH. CONVENIENT WALK-IN PANTRY. A LARGE CENTER ISLAND WITH A BREAKFAST BAR THAT PROVIDES THE PERFECT SPOT FOR CASUAL DINING OR ENTERTAINING. SPACIOUS MASTER SUITE OFFERS PLUSH CARPETING, WALKIN SHOWER AND A LARGE CLOSET. UPSTAIRS YOU WILL FIND VERSATILE LOFT AREA IDEAL FOR A MEDIA ROOM, PLAYROOM, OR HOME OFFICE, ALONG WITH 2 ADDITIONAL BEDROOMS-EACH FEATURING WALK -IN CLOSETS AND FULL BATHROOM. NEW CARPET ADDED 2024, ALL NEW PAINT DONE INSIDE SEPTEMBER 2022. NEW HVAC TRANE UNIT INSTALLED THIS YEAR IN MAY 2025 WITH TRANSFERABLE WARRANTY. R/O SYSTEM ADDED IN SEPTEMBER 2022. WATER SOFTENER REPLACED SEPTEMBER 2022. STEP OUTSIDE TO BEAUTIFULLY DESIGNED BACKYARD RETREAT, COMPLETE WITH AN EXTENDED COVERED PATIO-PERFECT FOR OURDOOR DINING OR RELAXING BY THE FIRE PIT. PRIVACY TREES ADDED IN SEPTEMBER 2022. COOK YOUR FAVORITE STEAK ON THE NATURAL GAS GRILL. IRRIGATION ADDED IN FEBRUARY 2023. THIS EXCEPTIONAL HOME BLENDS ELEGANCE, FUNCTIONALITY, AND MODERN COMFORT-READY FOR YOU TO MOVE IN AND MAKE IT YOUR OWN HOME.. SWEET..HOME!!!
Source: ARMLS #6934803
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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.