9931 Antelope Ravine Dr Colorado Springs, CO 80908
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About this home
Check out the amazing walk-thru video and virtual tour, then schedule a showing today to experience the magic for yourself.This meticulously upgraded home in The Retreat at TimberRidge is truly turnkey. Set on over a third of an acre with professionally landscaped grounds. The main level presents an open floor plan which flows through the great room with a stone gas fireplace to a covered patio with automatic traditional and side awnings. The chef's kitchen is a culinary masterpiece, boasting a large island with upgraded quartz countertops, premium cabinets, and stylish light fixtures. Equipped with a gas range, double oven, and premium refrigerator, this kitchen is a joy to cook in. A convenient Prep Kitchen with an additional dishwasher, wine chiller, storage, and prep space makes entertaining a breeze. The main-floor office and powder bath offer flexible use. Entertain in style on the extended concrete patio, complete with a cozy firepit and elegant lighting. Inside, you’ll find high-end finishes, hardwood floors, 9’ ceilings, and warm wood accents throughout.Upstairs includes a loft, two bedrooms, full bath, and a luxurious primary suite with a 5-piece spa bath and private balcony that provides a relaxing space with stunning views of Pikes Peak and the soothing sound of the water feature in the front yard. The finished basement boasts a large rec room, full wet bar with ample seating, a bedroom, and a full bath—perfect for guests. The fully finished 3.5-car garage features insulated doors and painted interior. Equipped with smart home technologies that allow you to control the whole-house humidifier, security system with cameras, sprinkler system, AC/Central Heat, garage door openers, and more from your phone. Plumbed ready for a water purification system with dedicated link to the kitchen fridge to connect R.O filtration. Custom Roman shades, matching ceiling fans and lights, glass doors in bathtubs and showers, and a premium front entry storm door.
Source: PPMLS #7852116
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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.