124 Blossom Wood Ln, Summerville, SC 29486
4 beds · 3 baths · sqft sqft
Check out this beautifully maintained, move-in ready home on a great lot near neighborhood amenities in Pine Hills of Cane Bay Plantation. Simple, yet eye catching curb appeal welcomes you home. Once inside, you'll appreciate the wood grained flooring throughout the first level that compliments the natural light and clean slate color pallet. An open design creates an ideal flow and is perfect for everyday living and entertaining alike. A spacious living room is located in the heart of the home, and overlooks the focal point of a kitchen with large island, plentiful brilliant white cabinets, contrasting stylish granite countertops, stainless steel appliances including desirable gas range, and good sized pantry. Off to the side is the good sized separate dining with views of the privatefully fenced backyard. Downstairs also features closet storage space and powder room. Upstairs features an expansive Owner's Suite with relaxing ensuite boasting a double vanity with cultured marble countertops, upgraded large shower, storage closets, and walk-in closet with all the space you'll need. Three other secondary bedrooms are featured on this floor including a shared bathroom with a double vanity to provide plenty of space. The laundry room is upstairs for convenience as well as added storage. The backyard is a clean slate and current owners have already taken on the cost of a privacy fence with gate to amenities across from the backyard. Located walking distance from top of the line amenities, you'll fall in love with where you live. Amenities include pool, play park, walking and jogging trails, other unique games and common areas in addition to the plentiful conveniences of Cane Bay Plantation. Near shopping centers, grocery stores, schools, historical landmarks, highways, military bases, and just a short ride from downtown Charleston, airport, beaches, lakes, and other destinations, finding a home has never been so easy. This beauty also has an assumable VA loan at an interest rate of 3.25%! **Premium lot in community with gate in rear of yard backing to Pine Hills premium amenities. Featuring pool, playground, splash pad, bbq areas, fishing ponds and green space.
Source: CTAR #24023986
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24023986
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: #24023986
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.