104 English Rd
Candler, NC 28715
3 beds · 3 baths · -- sqft
$441,000
Get prequalifiedAbout this home
Welcome to 104 English Road, your new home away from the city! This lovely home is a short hop off picturesque Justice Ridge Road in Candler, and only 20 minutes from the center of downtown Asheville. It was safe from recent storm events and ready for you to move in! Cooks will enjoy the spacious kitchen with granite tops, stainless steel appliances, an island, and a pantry closet. The Durable Plank Laminate Floors will stand up to even the largest dogs and will continue to look good for game night with your friends. Ceramic flooring in the laundry and bathrooms and the kitchen tile backsplash add warmth and style to your new home. There is plenty of storage with three extra closets, a storage shed, and a walkable and dry crawlspace. The backyard is level and partially fenced, with additional garden space behind the fence. Enjoy evenings on the covered back deck, gazing at the distant mountain view, or sip your coffee on a cool fall morning as hot air balloons float by.
Source: CANOPYMLS #4182351
Neighborhood
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.
Candler, NC 28715
3 beds · 3 baths · -- sqft