12530 Adams Rnch, San Antonio, TX 78245
4 beds · 4 baths · 2,790 sqft sqft
Nestled within the serene landscapes of the coveted Weston Oaks, this immaculate property offers a blend of elegance, comfort, and convenience. Boasting a picturesque neighborhood, this home stands as a testament to refined living. Upon entering, you're greeted by a meticulously landscaped backyard, a haven for relaxation and outdoor entertainment. A flagstone patio beckons, offering a charming space to unwind or host gatherings. Adjacent, a covered patio provides shelter from the elements, extending the enjoyment of outdoor living throughout the seasons. Step inside to discover a seamlessly integrated open kitchen and living room area, ideal for both daily living and entertaining. The heart of the home, this space features modern amenities, ample counter space, and an inviting ambiance. Storage is plentiful, ensuring every item finds its place effortlessly. From pantry to closets, this home is designed to accommodate your organizational needs with ease. Strategically located close to Lackland AFB, commuting is a breeze. Additionally, proximity to the thriving Alamo Ranch Area offers access to a wealth of shopping, dining, and recreational opportunities. Impressively maintained by its sole owner, this home exudes pride of ownership at every turn. Meticulous care and attention have preserved its charm and functionality, presenting an opportunity for you to simply move in and make it your own. Perhaps the most enticing feature of all, this property is free from city taxes, offering a rare and valuable benefit to its fortunate new owner. Don't miss your chance to experience the epitome of upscale living in a tranquil setting. Schedule your private tour today and prepare to fall in love with your new home!
Source: SABOR #1766232
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1766232
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: #1766232
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.