611 Chandon Ct, Southlake, TX 76092
3 beds · 4 baths · 2,706 sqft
WE HAVE RECEIVED MULTIPLE OFFERS. Please submit your “best” offers by 11 pm today, Sunday. ONLY SUBMIT your offers and communication to Teri.gray@cbdfw.com With attention to detail this 1.5-story home offers a spacious, open flow floor plan that lives like a one story. The newly renovated kitchen is a showstopper, showcasing gorgeous Taj Mahal quartzite countertops, upgraded appliances, and a gas cooktop. Bright and inviting, the great room features a wall of windows with views of the architecturally stunning covered patio. The patio is a true retreat, complete with a high-ceiling stacked stone wood-burning fireplace and a built-in BBQ, ideal for relaxing and entertaining. The primary bedroom is your personal sanctuary, offering direct access to the heated spool for a relaxing soak with serene greenbelt views. Plus, a guest bedroom with ensuite and office with built-ins on the first floor. Upstairs, you’ll find a private bedroom or flex room with beautiful hardwood floors, along with its own full bath, providing a perfect space for a guest room, a home office, or an additional retreat. Meticulously maintained, this home has seen numerous updates and improvements. Be sure to check out the list of owner-maintained upgrades. Enjoy a low maintenance lifestyle, as the HOA covers front yard maintenance. You’ll also have access to Timarron’s exceptional amenities, including walking paths, pools, lake, tennis, and pickleball courts. Centrally located in the heart of Southlake, this home offers a prime location with easy access to DFW Airport, shopping, dining, and top-rated schools.
Source: NTREIS #20875621
Source: NTREIS #20875621
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.