11561 Murlette Rd SW Stoutsville, OH 43154
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About this home
NEW PRICE equals OPEN HOUSE, come check out this property on Nov 22nd, This Saturday from 12-2 PM! Let Me Reintroduce You to This Beautiful Property, 11561 Murlette Road located in Stoutsville! Please meet this charming 3-bedroom, 2-bath ranch home offering 1,854 sq ft of living space, perfectly situated on 1.19 acres in the sought-after Amanda School District. The spacious open floor plan welcomes you with a great room that flows seamlessly into the kitchen, complete with granite countertops and plenty of cabinet space. Just off the main living area, you'll find an extra-large bonus room—perfect for hosting gatherings, creating a game room, or simply enjoying an additional space to unwind. Step outside and discover why this property is such a special find. With room to roam, a peaceful country setting, and a large pole barn for storage, hobbies, or a workshop, it offers the perfect balance of comfort and practicality. After taking time to adjust the price and prepare for a fresh debut, this home is now ready for its new owners—and at a value you won't want to miss. Schedule your showing today and make this inviting country property yours!
Source: COLUMBUSOH #225036735
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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.