120 Sam Brown Rd, Seneca, SC 29678
3 beds · - baths · sqft sqft
**Charming 3-Bedroom, 2-Bath Ranch on 3.12 Acres with Workshop & Privacy** Welcome to your private retreat! Nestled on 3.12 picturesque acres, this spacious 3-bedroom, 2-bath ranch home offers the perfect blend of comfort, functionality, and natural beauty. The property boasts a level yard surrounded by woods, providing peace, quiet, and plenty of room to roam. **Key Features:** - **Spacious Living:** Oversized rooms throughout the home ensure plenty of space to relax and entertain. All bedrooms feature walk-in closets and connect to a full bathroom, with two bedrooms sharing a Jack-and-Jill bath. - **Modern Updates:** Recent upgrades include a newer long concrete driveway, architectural shingles (3-4 years old), and improvements throughout the home. - **Dream Workshop:** The 27x34 detached garage/workshop is a standout feature, accommodating one car with room to spare. Equipped with a wood-burning stove and an upscale lean-to with tile flooring, it’s perfect for hobbies, entertaining, or grilling. - **Outdoor Delights:** Enjoy the established vegetable garden, a second storage building with power, and the expansive crawlspace with standing/walking room for storage or projects. - **Convenience:** All appliances remain with the home, and some furniture may be negotiable. This property offers a rare combination of privacy, space, and functionality, making it an ideal haven for homeowners seeking a blend of modern updates and rustic charm. You have a wonderful opportunity of making it the perfect home to add your personal touch and make it your own. Don’t miss out on this unique find! *Home is being sold "AS IS." Schedule your private showing today!*
Source: GREENVILLESC #1542176
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1542176
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1542176
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.