1122 Woods Rd Forney, TX 75126
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About this home
This stunning Forney home checks every box and then some and is MOVE IN READY! With 4 spacious bedrooms, 2.5 bathrooms, and room for everyone to spread out, it’s the perfect combination of function and charm in one of the area’s most desirable neighborhoods! Step inside and fall in love with the bright, OPEN FLOORPLAN that flows seamlessly from the HUGE LIVING ROOM to the OVERSIZED KITCHEN and the formal dining—a true entertainer’s dream! The kitchen features a LARGE ISLAND, tons of cabinets, and space for the whole family to gather! A PRIVATE OFFICE adds the perfect spot for working from home, managing daily life or knocking out homework! All four bedrooms are conveniently located on the main floor, making this layout perfect for families of all ages! The primary suite feels like a retreat, complete with a spa-like bathroom and a roomy walk-in closet! Head upstairs and you’ll find even more to love—a SPACIOUS GAME ROOM for play or hobbies, DEDICATED MEDIA ROOM (seller open to leaving all media equipment with acceptable offer) for cozy movie nights or hosting game day watch parties, PLUS a half bath for added convenience! Out back, unwind on the LARGE COVERED PATIO that overlooks the peaceful backyard—ideal for weekend BBQs, morning coffee, or just relaxing after a long day! Located in one of Forney’s premier neighborhoods, this home offers not just luxury but also community—close to top-rated schools, local shops, dining, and easy access to major roads for a quick commute! It’s everything you’ve been searching for and more! Schedule your private tour today!
Source: NTREIS #21079659
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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.