304 Shores Dr, Seneca, SC 29672
5 beds · - baths · sqft sqft
Welcome to your fully renovated, entertainers, waterfront, dream estate on spectacular Lake Keowee! Enjoy the sound of falling water from multiple water features as you relax around the resort style pool with diving board. Potential compound with full, second, waterfront lot and second dock included in parcel. That’s right TWO LOTS, TWO DOCKS! Expansive wide-open lake and mountain views from most rooms, brand new 6 person hot tub, covered boat dock, jet-ski port, second dock (pier) for kayaks and paddle boards, fire pit seating area. Lake side lawn and beaches with almost 200 feet of shoreline. Vaulted ceilings in large living room with stone fireplace and huge deck with outdoor living space. Second living room downstairs with stone fireplace and mini-kitchen/wet bar. Large master on main level with his & hers walk-in closets and a resort style, renovated, high-end master bath with custom spa shower, soaking tub, all with incredible imported marble tile. Second bedroom on main level plus 3 beds downstairs. Extra rooms include: all seasons sun room, laundry, gym, sauna room, game room/bar/man-cave, office, storage, shed. Large garage with custom epoxy floor finish. Finish the room above the garage into a fitness area, studio, office, etc. Options galore! Fully furnished/Turn-key optional. Please see associated documents for complete list of recent upgrades. Don’t miss out on this one of a kind luxury resort on beautiful Lake Keowee!
Source: GREENVILLESC #1535903
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1535903
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: #1535903
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.