108 Ashwood Cir Conway, SC 29526
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About this home
Presenting this charming 2 bedroom 2 bath home located in the exciting 55+ Myrtle Trace gated golf community. This graceful home has hardwood, tile, & carpet flooring, crown moulding, ceilings fans, an abundance of natural lighting, a spacious living room gives way to a delightful retreat area with a cozy fireplace, and showcases a 3 panel patio door that opens up to the relaxing sunroom. The formal dining room boasts shadow box chair railing, a ceiling medallion with a chandelier, and a sun drenched solar tube. The family friendly kitchen is equipped with a range, built-in microwave, dishwasher, side by side refrigerator with ice & water door dispenser, ample counter & cabinet spaces, tile back splash, a practical pantry, and a memorable bay window breakfast nook. The primary suite offers a ceiling fan, a large walk-in closet, access to a private office or 3rd bedroom, private access to the primary bath that hosts a vanity with a single sink, a comfort station, and a deluxe step-in shower. This captivating home is completed with an addition bedroom, a full guest bath that includes a laundry closet, and a single car attached garage. Myrtle Trace features cultivated landscaping, an inviting clubhouse, a sparkling outdoor saltwater pool, an exciting bocce ball court, and a horse shoe pit. This home affords you easy access to the beach and golfing along with all of the other activities and happenings in Myrtle Beach & Conway including fun eateries, award winning off-Broadway shows, public fishing piers, Conway’s historic riverwalk, and intriguing shopping adventures along the Grand Strand.Conveniently located to your everyday needs, including grocery stores, banks, post offices, medical centers, doctors’ offices, and pharmacies. Check out our state of the art 3-D VirtualTour.
Source: MYRTLEBEACH #2516470
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.