100 Blue Ridge Dr, Greer, SC 29651
6 beds · - baths · sqft
This is your UNICORN. This terrific home could be exactly what you are looking for....a great family home -- with room to spread out. One lot with two homes, but one tax bill. Room for in-laws, or kids back home from college. Or a home to live in and a separate apartment to rent out. Don't stifle your imagination of all the possibilities. Looking for a FANTASTIC home with an additional (but separate) apartment? This is it. The main home has 4 bedrooms and 3 and a half bathrooms, plus an amazing home office or extra room. With extra parking pads, you truly can meet clients out of your office and never leave home base! Use it to park your boat or RV here -- there is no HOA to stop you. The backyard is fully fenced and half of it is mulched for good looks and ease of care. Now here is what separates this house from all the others.... there is a detached 3 car garage with an apartment above the garage. Use it for your mother-in-law suite, use it for kids returning home from college.... or use it for producing extra income. The choice is yours! It has its own entrance along with 2 bedrooms, a full bathroom, a full kitchen, and laundry room. It also has its own power lines and septic tank. With LVP flooring throughout and granite counter tops -- not to mention a linen closet and pantry -- nothing was spared in designing and building this. Less than 2 miles to the grocery store and less than 3 miles to downtown Travelers Rest and situated between Greenville and Ashville -- this home is in the perfect location. No HOA and no city taxes. What more could you want? Make your appointment today to see this unique home, you won't be disappointed.
Source: GREENVILLESC #1540128
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1540128
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1540128
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.