3050 Seth Ln
Forney, TX 75126
4 beds · 2 baths · 1,600 sqft
$280,000
Get prequalifiedAbout this home
Welcome to your dream home with energy saving Solar Panels! This beautiful 4-bedroom, 2-bath property boasts an inviting open floor plan, perfect for both family living and entertaining. The split bedroom layout offers privacy, with the spacious primary bedroom featuring an ensuite bath, a generous walk-in closet, convenient linen storage, and a luxurious walk-in shower. The secondary bedrooms share a full bath, making it ideal for family or guests. The heart of the home is the large kitchen, equipped with a refrigerator and an array of small appliances, perfect for culinary enthusiasts. Enjoy casual meals at the island with barstools, or take advantage of the walk-in pantry for ample storage. The living room, furnished with a cozy sofa and ottoman, and Smart TV provides a perfect space to relax and unwind. Laundry room comes complete with washer and dryer. Step outside to the covered porch, complete with a grill, overlooking a spacious backyard that backs to serene greenspace and a walking path—ideal for outdoor gatherings and peaceful strolls. The garage includes a lawnmower, weed eater, tools and tool box, vacuums, ladder, deep freeze. Community amenities include a refreshing neighborhood swimming pool, perfect for hot summer days. With quick access to I-20, commuting and exploring the area is a breeze.
Source: NTREIS #20759494
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.