10131 Buckhorn Trl Streetsboro, OH 44241
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About this home
Welcome to 10131 Buckhorn Trail! This beautifully maintained 3-bedroom, 2.5 bath colonial is located on a spacious corner lot. Stepping in to this home you are greeted by an inviting open floor plan connecting the living, dining and kitchen areas, perfect for entertaining or everyday comfort. An updated kitchen offers plenty of counter and cabinet space and all appliances. Your dining area has a new sliding door that opens to a large wood deck-perfect for family gatherings. Off the kitchen there is a first-floor laundry and a remodeled half bathroom. Upstairs offers 3 bedrooms with a primary updated bathroom. Master bedroom has plenty of closet space and a large private bath. This home has a partially finished soundproof basement and many updates including: 3-stage whole home water filtration system, carrier high efficiency furnace and central air with by-pass whole home humidifier in 2020. There is a 2-car garage with a full-size refrigerator. Beautiful landscaped lot with 10x16 ft lofted barn and 5 outside security cameras. The roof was replaced in 2019 with 40-year shingles. This home is located minutes from shopping, dining and freeway access. Call today for showing!
Source: MLSNOW #5156127
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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