10978 Serafina Ln Unit 69 Unit 69 San Diego, CA 92128
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About this home
This stunning ground-level condo at 10978 Serafina Ln #69 is a rare find—it was originally the community's model home, offering premium finishes and an impeccably designed floor plan. Experience luxury from the moment you step inside with gorgeous, rich cherry hardwood floors extending throughout the main living areas, complemented by custom wood shutters on every window for light control and privacy. The open and inviting floor plan features a spacious living room with a cozy fireplace that flows seamlessly to a private patio, perfect for enjoying the San Diego indoor-outdoor lifestyle. The kitchen is both functional and beautiful, offering warm cabinetry, granite countertops, and breakfast counter seating. Located in the highly sought-after Savannah Terrace community, residents enjoy resort-style amenities including a sparkling pool, spa, sauna, steam room, gym, media room, library, barbecue areas, and tennis and racquetball courts. This exceptional location is within the boundaries of the highly-rated Poway Unified School District. Enjoy easy access to shopping, dining, parks, and freeway access in the desirable Sabre Springs neighborhood. This is an opportunity to own a perfectly appointed, move-in-ready model home in one of San Diego's best communities!
Source: CRMLS #NDP2509681
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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.