5174 Silo Rd, Durant, OK 74701
5 beds · 2 baths · 2,688 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Robbers Roost: A Historic Treasure on 52 Acres with Modern Comforts! Originally built in 1910, this beautifully remodeled two-story farmhouse sits on 52 acres (MOL) of rolling hills, providing stunning sunrises and sunsets that paint the sky with breathtaking colors each day. Nestled in a tranquil setting, this property offers the perfect combination of peace, privacy, and opportunity. It features an early 1900s barn, ideal for those interested in farming or raising livestock, and a stocked 2-acre pond, perfect for fishing or simply enjoying the serene water views. This home is the ideal blend of historical charm and modern convenience, thanks to several key upgrades. The entire house has been rewired, providing both safety and modern functionality. A brand-new HVAC system ensures comfortable temperatures year-round, while an updated septic system and new water heater offer reliability for everyday living. Water quality is top-notch with a whole-house filtration system as well as an under-sink kitchen water filter, complete with a separate drinking water faucet. Inside, you’ll find a thoughtfully remodeled kitchen that seamlessly blends historical character with contemporary amenities, creating a warm and welcoming space for any home chef. With its spacious layout, this home is perfect for large families or those who love to entertain. The generously sized living areas ensure there’s room for everyone to relax. The bathrooms have been updated to offer a harmonious blend of old-world charm and modern luxury, making them a perfect retreat for unwinding at the end of the day. Whether you're looking to enjoy a peaceful rural lifestyle or start your own micro-farm, Robbers Roost offers endless possibilities. With too many features to list, you won’t want to miss out on this one-of-a-kind property. Schedule your private tour today and be sure to explore the 3D virtual tour to experience all that Robbers Roost has to offer!
Source: MLSTECHNOLOGY #2509828
Source: MLSTECHNOLOGY #2509828
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.