3620 Cox Rd
Sumter, SC 29154
3 beds · 2 baths · 1,618 sqft
$171,900
Get prequalifiedAbout this home
***BACK ON MARKET AT NO FAULT OF SELLER*** Welcome to your slice of southern paradise at 3620 Cox Road in Sumter, South Carolina! This charming 3-bedroom, 2-bathroom home sits majestically on 2.2 acres of lush, verdant land, giving privacy and tranquility in a picturesque setting. As you step inside, you're greeted by 1618 heated square feet of comfortable living space. The open-concept floor plan seamlessly blends functionality with style, creating a warm and inviting atmosphere perfect for both relaxation and entertaining. The heart of the home is the spacious kitchen, ample cabinet space, and a convenient breakfast bar. Whether you're preparing a gourmet meal or enjoying a quick snack, this kitchen has everything you need. The bright and airy living room features large windows that flood the space with natural light, creating a cozy ambiance for family gatherings or movie nights. A charming fireplace adds a touch of elegance and warmth on chilly evenings. The primary bedroom has its own private half-bath. Two additional bedrooms provides versatility for guests, a home office, or hobbies. Outside, the expansive backyard beckons you to enjoy the great outdoors. With 2.2 acres of land, there's plenty of room for gardening, playing, or simply soaking in the serene surroundings. Imagine hosting summer barbecues, roasting marshmallows around the fire pit, or stargazing on clear nights. Located in a rural setting, yet just a short drive from Sumter or Manning’s amenities, this home is the perfect blend of rural charm and urban convenience. Don't miss your chance to own this idyllic retreat—schedule your showing today and make 3620 Cox Road your forever home! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #583158
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.
Sumter, SC 29154
3 beds · 2 baths · 1,618 sqft