1137 Walden Place Dr Elgin, SC 29045
Your savings
About this home
Been searching for that open-concept NE Columbia home with space for everyone? Tucked away in the sought-after Walden Place community, this beautifully maintained 4-bedroom, 2.5-bath home delivers nearly 3,000 square feet of flexible space and thoughtful upgrades throughout.The open-concept layout creates an easy flow between the living room, kitchen, and outdoor living area, making it perfect for everyday living and entertaining. The sunny living room features a fireplace, a wall of windows, and direct access to the elevated deck. The spacious kitchen includes stainless appliances, bar seating, a center island, large eat-in area, and loads of cabinet and counter space. Upstairs, the owner’s suite offers a walk-in closet, private covered balcony, and tray ceiling, plus a bright ensuite bath with soaking tub, glass shower, separate water closet and linen storage. Three additional, well-sized bedrooms share the hall bathroom. At the end of the hall, an enormous bonus room provides flexible space for a media room, gym, teen lounge or guest suite. With private stair access to the laundry room, it’s also ideal for extended family or long-term guests.Need more? Don’t miss the front flex room for a home office, playroom or dining space. You’ll also love the large laundry room, 2-car garage with workbench and ceiling storage, and the butler’s pantry for extra organization. The storage shed and long list of updates make this home truly move-in ready.With quick access to I-20, Sandhills shopping and dining, and award-winning Richland Two schools, this is exactly where you’ll want to be. Schedule your private tour today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #621009
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.