117 Aledo Glen Ct Aledo, TX 76008
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About this home
Welcome to this beautifully maintained brick and stone home at 117 Aledo Glen Ct, perfectly situated right across from Bearcat Park and McNally Intermediate School. The home makes a great first impression with its large driveway featuring pristine concrete, leading to a generous three-car garage. Well-placed shrubbery borders the concrete path, guiding you to the front door. Step inside to an open concept living space designed for effortless entertaining. The kitchen and living room flow together, centered around a large bar-like island perfect for high-chair seating and gathering. You'll appreciate the cohesive design with granite countertops throughout that beautifully complement the home's color palette. The primary suite offers a true retreat, featuring a large soaking bathtub, a spacious, tiled walk-in shower, and an expansive walk-in closet. Off the main living area, discover a high-lofted space designed as a second living room. This versatile area, previously used as a 'man cave' with a pool table, is ready to become your home office, media room, or play area. With its ideal layout, modern finishes, and unbeatable location, this single-level property is a must-see!
Source: NTREIS #21086478
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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.