200 Short Woods Ct, Summerville, SC 29486
3 beds · 3 baths · 1,746 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this charming 3-bedroom, 2.5-bathroom home in the highly sought-after Felder Creek neighborhood. From the moment you step inside, you'll be greeted by a spacious foyer and an elegant open-spinal staircase that adds a touch of grandeur.The inviting living room is filled with natural light, creating a bright and welcoming atmosphere, and features a cozy gas fireplace with a custom mantel--perfect for relaxing evenings. Throughout the foyer, hallway, and living room, beautiful laminate flooring offers both style and durability.The well-appointed kitchen is a chef's dream, with an abundance of cabinets and counter space, stainless steel appliances, and a large eat-in area for family meals.For added convenience, a massive corner pantry provides all the storage space you could need. Upstairs, you'll find two generously sized secondary bedrooms, each equipped with ceiling fans for comfort. The convenient upstairs laundry room makes the chore of clothing transfer a breeze. The spacious primary bedroom is your private retreat, complete with a sizable walk-in closet and an en-suite bathroom featuring dual sinks, a stand-up shower, and a relaxing garden tub. Step outside to discover a covered patio that overlooks a vast, fully fenced backyardideal for hosting gatherings or enjoying outdoor time with family and friends. As one of the largest lots in the neighborhood, this property offers ample space and privacy. Located in Berkeley County, Felder Creek provides easy access to shopping, dining, and major employers like the Volvo plant. Don't miss the opportunity to tour this fantastic homeschedule your visit today! Use preferred lender to buy this home and receive an incentive towards your closing costs!
Source: CTAR #25006381
Source: CTAR #25006381
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.