405 Silent Bluff Dr, Summerville, SC 29486
3 beds · 2 baths · sqft
Discover a stunning ranch-style residence in the desirable Sanctuary Cove at Cane Bay. This like-new home combines modern amenities with a welcoming atmosphere, perfect for those seeking a comfortable and stylish living space just a short drive from the vibrant cities of Charleston and Summerville.Step through the extra-wide entryway into an open and airy layout. The expansive family room seamlessly connects to the dining area and contemporary kitchen, creating an ideal setting for entertaining. The living room ceiling is prewired for fans, lights, and a WiFi extender, ensuring both comfort and connectivity.The kitchen is a chef's dream, featuring sleek granite countertops and connections for both electric and gas ranges.The large island, equipped with three spacious drawers, provides ample storage and a perfect spot for meal prep. Additional storage solutions, including a pantry and two closets in the living room, ensure a clutter-free environment. Convenience is key with an entry closet located off the garage entrance and a generously sized laundry room. The owner's suite is a true retreat, complete with a spacious walk-in closet and a bathroom that's plumbed for double sinks. Two additional bedrooms with large walk-in closets offer comfort and privacy. Living in Sanctuary Cove at Cane Bay means enjoying a host of community perks, including paved nature trails, a community pool, playground, and on-site YMCA. Convenience is a hallmark of this neighborhood, with golf cart paths leading to dining, schools, and shopping. The energy-efficient design of this home, including a heat radiant barrier system in the attic, ensures your utility bills remain low. Though nestled in the peaceful community of Cane Bay, 405 Silent Bluff Drive offers easy access to the best of both worlds with its proximity to Charleston and Summerville. Charleston boasts world-class dining, beautiful beaches, and diverse entertainment options. Summerville offers a small-town Hallmark feel with festivals, events, and a welcoming community atmosphere. 405 Silent Bluff Drive is more than just a house; it's a place where you can create lasting memories and build a future. With its blend of modern amenities, ample storage, and community-focused living, combined with the allure of Charleston and Summerville, this home is an excellent choice for discerning buyers. Come and experience the welcoming charm of this beautiful home today!
Source: CTAR #24016553
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24016553
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: #24016553
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.