104 Park Springs Rd
Columbia, SC 29223
3 beds · 3 baths · 2,488 sqft
$354,900
Get prequalifiedAbout this home
Welcome to this charming, well-maintained, all-brick home in the desirable North Springs neighborhood! This move-in-ready gem with new flooring and paint, owned by only two families, boasts character rarely seen in newer homes. As you step inside, you're greeted by a home office with French doors and a formal dining area that flows into the kitchen. The spacious great room features vaulted ceilings and a floor-to-ceiling brick fireplace, creating a cozy retreat during cooler months and an inviting gathering place all year long. A lovely kitchen is situated on one side, while the three bedrooms are located on the opposite side for added privacy and tranquility. The spacious sunroom is a standout feature of the home, boasting large windows that fill the space with natural light and provide lovely views of the landscaped backyard. A floor-to-ceiling brick masonry chimney enhances its charm, drawing you in to enjoy your morning coffee, relax with a book, or entertain guests. The sunroom also serves as a versatile space for activities like playtime, crafts, cozy movie nights, you name it. The backyard includes a large deck, a good-sized storage shed, and an irrigation system. Enjoy the variety of community amenities with tennis courts, a park, a lake with a boat ramp, an island with a beach, a gazebo, and boat storage. Ideally located near shopping, dining, major highways, and highly rated schools, this home offers a perfect blend of comfort, convenience, peacefulness, and plenty of recreational options. Don’t miss out on this exceptional home—schedule your showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #592330
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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.