1320 Garland St, North Charleston, SC 29420
3 beds · 3 baths · sqft sqft
Welcome to this stunning townhome located in the highly sought-after Dorchester District 2 School District! As you step inside, you'll be greeted by newly laminated flooring that extends through the foyer, half bath, and kitchen, creating a warm and inviting atmosphere. The spacious kitchen overlooks the family room and dining area, which boasts beautiful engineered wood flooring, perfect for entertaining or relaxing with loved ones. Venture upstairs to discover the main bedroom suite, complete with a generous walk-in closet and a private bathroom featuring dual sinks, ample storage shelving, and a convenient shower/bathtub combination. Down the hall, you'll find two additional bedrooms, a hall bathroom, and a laundry closet for added convenience. Enjoy the outdoors on your screened-inporch, which includes a storage area, as well as an extra patio and a fenced-in backyard, ideal for pets or outdoor gatherings. This unit also features a 1.5-car garage, providing plenty of space for your vehicles and storage. Located just minutes from the airport, airbase, and major highways I26 and I526, you'll have easy access to downtown Charleston, West Ashley, Daniel Island, and Mount Pleasant. This home is move-in ready, making it perfect for your family or an excellent investment opportunity. Please note that the HOA covers common areas and front-of-home power washing. It is paid qtrly and one of the lowest townhome regime expense in the area. Don't miss your chance to own this beautiful townhome in a prime location! Buyer to do their due diligence with anything that they deemed important to them with this unit to include but not limited to the regime and HOA needs.
Source: CTAR #24025740
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24025740
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: #24025740
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.