338 Long Pier St, Summerville, SC 29486
4 beds · 4 baths · sqft sqft
Welcome home to this immaculately kept 4 bed / 3.5 bath beauty! With all of the convenience that Cane Bay Plantation has to offer, plus all the amenities of this luxury neighborhood, this home is sure to please! Upon entering the home you will be greeted by the well spaced out open concept that boasts beautiful hardwood floors found throughout the common areas and custom plantation shutters on all of the downstairs windows! To your left, you will find the perfect flex space for your formal dining room, office or play area for the kids. Continuing on, you are greeted by the kitchen that is perfect for any chef! The kitchen boasts all stainless steel appliances that includes a 5 burner gas cooktop with professional hood, dual built-in Kitchen Aid ovens, microwave and a separate pantry!Just off of the kitchen, you will see the living room area with its gas log fireplace perfect for those chilly winter nights! Upstairs you have a huge loft that can be used for additional living space, a play area for the kids, or anything else you can imagine and it even has it's own balcony! The master bedroom boasts a trayed ceiling, a massive walk-in closet, en-suite bathroom with dual vanities, a walk-in shower and luxurious soaking tub! The three additional spare bedrooms are spacious enough for kids and / or guests and share a bathroom with dual vanities and a water closet. Outside, you are just steps away from one of the many jogging trails the area has to offer and if you want to relax instead, you can enjoy the privacy of your screened in back porch! This is a Smart Home that includes a security system through ADT. It has upgraded smoke/CO2 detectors, two outside cameras, open/close sensors on downstairs windows and the upstairs door, and a doorbell camera. These are all controlled by the tablet in the entry hallway. The alarm, heat and a/c, front door lock, and garage door can all be operated remotely or using the tablet in the house! There is also a smart plug included that can all be connected to an Alexa. Come take a look at this beautiful home, it won't last long!!
Source: CTAR #24023316
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24023316
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: #24023316
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.