1256 Sunrise Vis Thorndale, TX 76577
Your savings
About this home
*** THIS IS A SHORT SALE - SHORT SALE ADDENDUM REQUIRED - SELLER CAN GIVE ONLY 1% TO CCA including buyers title policy - Allow for plenty of time to get short sale approved by sellers lender *** Lender Approval Required *** Teems Non-Negotiable *** If country living is your dream, your dream has come true! Situated on approximately 4.3 sprawling acres is this upgraded and strongly constructed modular home that features a spacious, open floor plan, perfect for comfortable living and entertainment. The kitchen is equipped with ample cabinet space and modern appliances, flowing seamlessly into the dining and living areas, creating a warm and inviting atmosphere. This home offers a perfect blend of peaceful country living with modern convenience. The property provides the space and privacy you’ve been searching for with plenty of room for gardening or outdoor recreation with stunning open views of the surrounding landscape, sunrises and sunsets. The seller is even leaving the chicken coop so you can have fresh eggs every morning. The 3 bay garage is not included in the sale, but is negotiable separate from sales price. Some flooring needs to be replaced but materials are stored inside the house and will convey. Located just minutes from the small-town charm of Thorndale, you’ll enjoy a close-knit community atmosphere, while being a short drive from the amenities and services of nearby cities like Taylor, Rockdale, and Hutto. Property consists of two lots (#10 & 11). The home is situated on one lot, so the property could be subdivided and the other lot could be developed or sold off.
Source: ACTRIS #5281284
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.