1131 Fox Hunt Trl, Willow Park, TX 76087
3 beds · 2 baths · 2,386 sqft sqft
READY TO GET OUT OF THE CITY? CHARMING ONE STORY HOME ON .69 ACRE LOT IN WILLOW PARK! Spacious custom built home with open floor plan, 10' ceilings, crown moldings, wood floors and quality throughout. Three spacious bedrooms, two built in desks, and large windows to enjoy the views! The kitchen has updated stainless appliances with gas stove & stainless farm sink being recent additions. All the faucets updated in 2020. The primary retreat bedroom and ensuite has a fabulous sitting area, a wall of windows to enjoy the back yard & views! Spacious ensuite bath with separate vanities, jet tub & separate shower with huge walk in closet! All bedrooms are split for privacy! Bedroom 3 has french doors, built in desk & book case & walk in closet, perfect for your home office. Utility room features storage cabinets, folding area & sink! Oversize garage is 664 SF with workbench area and plenty of guest parking. You will love this peaceful area with the Beggs Ranch at your back door! Back patio faces the north, so your patio has limited sun exposure! Plenty of room for kids and dogs to play and just be kids! You will also enjoy wildlife & birds that visit everyday! The cows on the Beggs Ranch are frequent visitors as well! If you are looking for peace & quiet, a beautiful home on almost an acre of land, YOU JUST FOUND IT! City of Willow Park with city water, sewer & trash!
Source: NTREIS #20754122
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20754122
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: #20754122