119 Old Camp Rd, Elgin, SC 29045
4 beds · 5 baths · sqft sqft
The Modern Elegance-where luxury meets contemporary design for an extraordinary living experience. Situated on a pristine 1.3-acre golf course parcel within prestigious gated Woodcreek Farms, this residence embodies the highest standards of architectural and interior design. Meticulously crafted, every detail has been thoughtfully curated by a professional interior designer to exude sophistication and style. Entering through custom steel double front doors, you're welcomed by a striking modern coffered ceiling in the grand room, adorned with geometric patterns that set the tone for the home. Italian-imported tile and exquisite designer lighting underscore the home’s commitment to luxury. The chef's kitchen features an oversized marble-topped island, honed countertops, and a state-of-the-art Dacor appliance package. A hidden walk-in pantry provides added convenience, while the adjacent wine tasting room, with exotic granite surfaces, beckons for intimate gatherings. Spanning nearly 5,500 square feet, this estate is both functional and beautiful. The 4 car garage and custom illuminated driveway with Techo Bloc pavers, arranged in a helipad-inspired hexagon design, make a bold statement. Outdoor living is equally impressive, with over 1,200 square feet dedicated to alfresco enjoyment. Retractable glass walls seamlessly blend indoor and outdoor spaces, opening to an outdoor kitchen, motorized privacy screens, and a landscaped oasis perfect for entertaining. The primary suite is a sanctuary, featuring a sitting area beneath a multi-tiered tray ceiling that commands attention and inspires tranquility. The spa-inspired primary bath is a work of art, with marble and Italian tile setting the stage for a luxurious soaking tub and multi-headed shower. Designed for grand entertaining and private retreats alike, this home offers a cinema room for immersive movie nights and a dedicated wine cellar for the connoisseur. Smart features, including motorized shades and advanced home automation, ensure modern convenience at your fingertips. From the moment you arrive, every aspect speaks to those who appreciate the finer things in life. This is modern luxury, defined.
Source: COLUMBIASC #593394
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #593394
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: #593394