12242 Bening Vly Schertz, TX 78154
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About this home
FORECLOSURE-LIKE-PRICING FOR QUICK SALE! LIKE NEW, BUILT BY DRHorton - Two Story Home, Stone Exterior, 3 Bedroom, 3 Baths, 2 Large Living Areas, Separate Dining, High Ceilings, 2,037sqft of living space. Bedrooms all upstairs. Great eat-in kitchen complete with large cabinets, deep stainless steel sink, Granite Countertops and Black Appliances. Gas Cooking and Heat are a Plus! Premium tile floors and carpet compliment the textured finishes and arched walkways. The 2nd floor master bedroom is big, spacious and with its own separate shower, tub, double vanity and large walk-in closet. Home also includes an oversized 2 Car Garage, gutters, whole house water softener, filtration system plus a large back yard with sprinkler system. Great Newer Community "Rhine Valley" just North of Randolph AFB! Great Schertz School District with schools just minutes away! The Elementary School is at the entrance of the community! Amenities include Rhine Valley Park, Running Trials, Sports Courts, Playgrounds and more! Minutes to Randolph AFB, Multiple Golf Courses and Storage Facilities close by. Also minutes to VA Hospital, Fort Sam, San Antonio International Airport, IH 35, Loop 1604 and surrounding cities, Universal City, Cibolo, New Braunfels, Selma, Garden Ridge, Converse. We are the Best Deal In the Neighborhood, CHECK US OUT!
Source: SABOR #1917702
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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.