113 Sand Trap Ln, Greenwood, SC 29649
3 beds · - baths · sqft sqft
WONDERFUL, ALL-BRICK HOME with 3BR/ or 4BR and 2BA, all on ONE LEVEL! This split-bedroom arrangement is perfect for the first-time home buyers, a young family or as a down-size to a super well-maintained home that is very manageable! This home is located on the west side of Greenwood in the awesome neighborhood of Hunters Creek. Located on Sand Trap Lane, it's almost in the cul-de-sac on this well-groomed street of homes! You will love the rocking chair front porch and the quiet rear deck overlooking green space for watching awesome sunsets! The interior has a spacious Great Room with fireplace and soaring ceilings that opens to the Kitchen and Breakfast Area! The Great Room also opens to huge tiled sunroom with easy access to the rear deck overlooking the manicured lawn! The split bedroom plan has a private Master Suite with double-vanities, whirlpool bathtub, separate shower and walk-in closet. Convenient to the Master Suite is a Laundry Room with storage. On the opposite side of the home are guest bedrooms and a full bathroom. The well-appointed Kitchen has stainless appliances, dishwasher, gas range and large refrigerator - all included. Near the Laundry Room are the stairs to the Room that is just PERFECT for 4th bedroom, your home office, "man cave" or a "getaway space" for the litttle ones! All new mechanical 3.5 HVAC and furnace , duct work and vapor barrier installed and warranted for 12 years in 2021.
Source: GREENVILLESC #1484967
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1484967
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1484967
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.