791 Bunkhouse Dr, Charleston, SC 29414
4 beds · 2 baths · sqft sqft
Home for the Holidays! Are you looking for a home with the perfect window for a holiday tree and outdoor lights? And not have a payment until the new year? This is it. With triple living room windows, you have the perfect spot for your holiday tree and have it and the fireplace (natural gas - easy to use and turn off when it's too warm) as photo backdrops. A year-round feature of this home is its convenient location; just off Hwy 17 outside of 526 you have quick access to beaches, downtown Charleston and shopping along Bees Ferry and Glenn McConnell. Several parks and boat launches are also nearby; a park less than a quarter mile away, and the Limehouse Boat Landing is less than 4 miles away. This mostly one-story home has NO HOA, so you can keep your boat, RV, or other recreation...vehicles at your home; the driveway is large enough for at least 4 vehicles. Inside the home, you will notice almost the entire home has been freshly painted in neutral tones, ready to decorate in your favorite style. The open concept living, dining and kitchen areas allow for family and friends to enjoy your space and not feel left out in any room. The owner's suite is downstairs and offers backyard access, perfect to let a pet out, or enjoy the calm of nature to start or end your day. (There's also outdoor access from the dining space to keep the bedroom private.) The primary bathroom is filled with natural light from the privacy window over the garden tub and includes a separate room with a walk-in shower and toilet. Two guest bedrooms are also downstairs along with a hall / guest bathroom. All the bedrooms have had new flooring installed since the summer of 2024 - one with luxury vinyl, perfect to use as a home office, exercise or craft space. The owner's bedroom, one downstairs bedroom, the stairs and FROG all have new carpet. Don't miss checking out the room over the garage - this space is great for an extra bedroom or bonus room. It also includes a full size door to the attic access which has space for some storage and the HVAC unit. The two-car garage door has extra insulation to help with temperature control in this room during Charleston summers. Back downstairs in the kitchen, the dishwasher, range, and microwave have all been replaced in recent years. The refrigerator can also convey with the home; it would be great as a garage fridge for keeping extra drinks or holiday dishes cold. Make this your new home before the end of 2024!
Source: CTAR #24026342
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24026342
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: #24026342
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