703 Canary Dr, Charleston, SC 29414
5 beds · 4 baths · 2,417 sqft
Best deal in town!! HUGE single family home and investors/househackers dream on a MASSIVE 0.41 acre lot! Ideally positioned just off Savannah Highway with easy access to I-526, this home is only minutes from Costco, shopping, and dining. This estate has seen significant improvements, including a brand new outdoor deck off the back patio, fully remodeled bathrooms with modern finishes, newly installed luxury vinyl plank flooring, and professionally refinished hardwoods throughout. Fresh interior paint gives the home a clean, modern feel. Inside, you'll find an open and updated kitchen with a large center island that flows seamlessly into the main living spaces--perfect for entertaining or everyday living.This home features two owner's suites, one of which is located on the first level with its own private entrance, living room or den, and full bathroom. The current owners previously rented this portion of the home as a furnished unit for $1,500 per month. While the property has since been converted back to a single-family layout, this area still offers incredible flexibility for guests, a home office, or multi-generational living. The home also features a durable metal roof, newer HVAC units that have been routinely serviced, and an active termite bond for peace of mind. The oversized garage can comfortably accommodate up to three vehicles and provides additional room for storage or a workshop. Outside, the mature landscaping creates a peaceful setting, highlighted by two stunning live oak trees that add character and shade to the yard. The neighborhood also offers an optional community pool membership, making this an exceptional opportunity in one of West Ashley's most convenient and established communities. Owner is a licensed real estate agent in the state of South Carolina.
Source: CTAR #25008741
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CTAR #25008741
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.