131 Crabapple Dr Longs, SC 29568
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About this home
***OPEN HOUSE Saturday October 25th 2-4pm & Sunday October 26th 1-4pm*** ***HUGE PRICE IMPROVEMENT*** Stunning 3-Bedroom Home with Endless Upgrades in Oak Hollow. Welcome to this beautifully upgraded 3-bedroom, 2-bath home located in the desirable Oak Hollow subdivision. Only three years young, this 1,750 sq. ft. gem offers high-end finishes and thoughtful touches throughout. Step inside to find elegant Prego flooring in the living room, dining room, and hallway, complemented by 5.5-inch pine baseboards throughout the home. The heart of the home—the kitchen—features granite countertops, a spacious island, a bar with a custom tiled front, and stylish tiled walls and floors. A matching granite bookcase countertop adds a unique touch. The kitchen, bathrooms and laundry room are also tiled, and the master bathroom includes handicap-accessible grab bars. Additional upgrades include rocker-style light switches throughout the home, with dimmers in the kitchen and dining area, plus a mounted ceiling LG TV in the master bedroom. Enjoy cozy nights by the stunning stone fireplace with an extended mantle, and take advantage of the Generac whole-house generator with 8 years remaining on its 10-year warranty. The garage features painted walls, epoxy flooring, a stainless steel sink and plenty of hooks for organizing tools and equipment. Special attention as been given to drainage as three pop up drain funnels underneath the concrete to keep the water away from the foundation as well as a drain on the patio floor. Outdoor living is just as impressive with a screened-in, tiled patio, an additional slab area perfect for grilling or relaxing, and a charming walkway around the house as well as a fenced-in backyard with a 6' privacy fence. Beautiful stonework enhances the front and back exterior, as well as a feature wall next to the patio. Plus, major protection with aluminum hurricane storm shutters. All of this comes with affordable HOA dues, which includes access to a community outdoor pool. Don’t miss your chance to own this truly exceptional home in one of the area’s most sought-after neighborhoods!
Source: MYRTLEBEACH #2513560
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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.