121 Preservation Dr, Greer, SC 29650
4 beds · 3 baths · sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Your Dream Home in Sudduth Farms! Looking for the perfect blend of space, style, and community vibes? You just found it! This stunning 4-bedroom, 2.5-bathroom home is bursting with charm and ready for its next chapter. Step inside and you'll immediately appreciate the beautiful, low-maintenance luxury vinyl flooring throughout the main level. Feel right at home in the spacious open-concept plan. The cozy living room with a fireplace flows effortlessly into the stylish kitchen, featuring a large granite island perfect for entertaining, casual meals, or your next baking adventure. And don’t miss the huge, remodeled walk-in pantry with additional countertop space perfect for a coffee bar—a total game-changer for storage lovers! Need a quiet place to work or dine? The front flex room is the ideal spot—use it as a formal dining room, home office, playroom, or whatever suits your lifestyle. Upstairs, all four bedrooms provide ideal comfort and privacy, including a generous primary suite to relax and recharge. Step outside to your very own backyard oasis! The screened-in porch (another fabulous addition by the current owners) is perfect for relaxing on a lazy afternoon or hosting weekend BBQs. The fully fenced, level yard features raised garden beds and vinyl fencing—low-maintenance and high on charm. But that's not all; these owners thought of everything! An outdoor shed and garage shelving provide abundant surplus storage space and you'll also reap the benefits of the paid-for solar panels! And the neighborhood? You’re going to love it! Sudduth Farms is packed with community amenities like a Jr. Olympic-sized pool, pickleball courts, picnic area, a clubhouse, and playground—there’s something for everyone here. This one’s got the space, the style, and the sweet location. 121 Preservation Drive is close to Downtown Greer, shopping, dining, and the highly rated schools in the Riverside zone! Come see this house before someone else calls it home!
Source: GREENVILLESC #1554528
All values shown are estimated costs / mo.
Source: Public records
Source: GREENVILLESC #1554528
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.