3718 PINYON PNE, San Antonio, TX 78261
Welcome to this stunning 4-bedroom, 2.5-bathroom home in The Preserve of Indian Springs! From the charming front porch to the spacious interior, this residence radiates warmth and elegance. Enjoy modern comfort blended with timeless charm in every inviting living space and thoughtful amenity. The open floor plan, tall ceilings, and abundant natural light create a bright and airy atmosphere. The designated dining room, with its large windows overlooking the front yard, provides a perfect setting for family gatherings. The kitchen is a chef's delight, featuring a well appointed island with upgraded backsplash , upgraded sink, and renovated countertops, making meal prep effortless. The spacious living room seamlessly transitions from the kitchen, ideal for relaxation and family gatherings enjoying the fireplace. Retreat to the downstairs primary bedroom with a luxurious en-suite bathroom, complete with double vanities, a separate garden tub, and shower, offering a serene escape after a long day. Upstairs, you'll find a versatile game room with built in cabinets and desk. Three additional bedrooms, providing ample room for family living, working, and entertaining. The expansive backyard features a cozy firepit area with pond, perfect for enjoying evenings under the stars. Cover patio and gazebo along with a nice shed. Located within the acclaimed Comal ISD, it's within walking distance to Indian Springs Elementary and zoned to the new Bulverde Middle School (opening August 2024) and Pieper High School, both just minutes away. Enjoy steps away from community amenities like a pool, park, sports court, walking trails, and clubhouse, along with food trucks and fun events throughout the year. With easy access to 281, Bulverde Rd., shopping, and restaurants, plus no city taxes, this is the perfect place to call home. Welcome to your beautiful new home!The home is also listed for RENT for $2500 per month.
You may be able to put down less than the total down payment amount of $149,443 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #1798426