271 Ridge Way, Simpsonville, SC 29680
5 beds · - baths · sqft sqft
Southern Charm at its best in Harrison Hills. Situated on 7 acres, this all-brick, masterpiece has been updated inside and out and is ready for a new owner to make it home. Upon arrival you will notice a spacious circular drive with fountain, rocking chair front porch, and mature trees adding to the private, country feel. Step in and find an open floorplan with beautiful hardwoods, 9Ft ceilings, with den to your right and formal dining room on the left. The 2-story living room has a stacked stone fireplace with woodburning stove insert and massive windows overlooking the back patio and pool letting in lots of natural light. The completely renovated kitchen had leathered granite counters, live-edge Tiger Oak countertop with gas stove top, breakfast bar, stainless appliances including ice maker, 2 dishwashers, trash compactor, Bosch microwave, farm sink, tons of cabinet space. Breakfast area leads out to enclosed porch and full bath for swimmers coming in from the pool. Large laundry room with sink, cabinets and designer tile just off kitchen. Primary BR has a tray ceiling, office (could be huge walk-in closet!), spa-like bath with heated tile floors, jetted/soaker tub, walk-in closet, dual vanity, and sunroom overlooking pool. Additional BR on main with bath as well, perfect for in-laws or guests. Upstairs you’ll find 3 mores BRs and 2 BAs, attic storage, and then stairs up to over 1,000 finishable SqFt in 3rd floor attic. Can you say “man-cave” or “teen hangout”?! Also, relax by the pool, and entertain on the spacious patio, which includes a built-in grill. High-efficiency HVAC system with all ductwork and whole-house ionic filtration system (2020). New Low-e windows. New Roof in Nov 2024! Horses allowed. Just minutes to schools and shopping, Fairview Rd, I-385, downtown Simpsonville or Fountain Inn. Come make this your retreat and oasis from all the busyness and noise.
Source: GREENVILLESC #1539706
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1539706
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1539706