1329 Pine Grove Ave Rosedale, MD 21237
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About this home
Welcome to this gorgeous 4 bed, 2 full bath colonial home tucked back away on a quiet street in Rosedale with quick/easy access to Rt 7 and Rt 40 and just minutes outside of Baltimore. Pull into the large driveway/parking pad and take the walkway to the large covered front porch. The front yard is completely private with privacy hedges surrounding it on all sides. Inside the front door opens into the main floor covered with hardwood flooring throughout. You enter into the large living room area with its own built in pellet stove. This room circles into the formal dining room which then circles around into the kitchen area. The kitchen has room for casual dining, stainless appliances, backsplash and pantry. A door off of this area leads out onto the wood rear deck which overlooks the large fenced yard, parking pad and swimming pool. Sitting on almost a half acre this home has the private front yard, a large fully fenced rear yard with privacy fencing, and beyond that is the rear parking lot, two storage sheds, an above ground pool and more yard beyond. This is the perfect oasis just outside the city for entertaining, relaxing or play. Back inside...taking the stairs to the second floor leads to another floor completely covered in hardwood flooring with three bedrooms and a full bath with a stand alone tub/shower combo. Heading into the basement brings you to a fully finished area with carpeted flooring throughout. There is a large living area with plenty of room for relaxing or play, a potential 4th bedroom, and a full bath with a walk in shower. Also, down here is a laundry room with laminate flooring throughout, washer/dryer and wash sink. A rear door out of the basement also leads out into the rear yard. This home is an oasis outside of the hustle and bustle of the city, is clean, move in ready, well kept and waiting for you to call it home! Come see it today.
Source: BRIGHT #MDBC2143420
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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.