1333 Clearview Rd Cleveland, OH 44124
Your savings
About this home
1333 Clearview is a must see , truly a hidden gem tucked away in a very secluded setting. Don’t let this home deceive you, you must see the interior to truly appreciate everything this home has to offer ! Step inside the two story foyer , to the right you will find an incredible view from the spacious living room , the living room has a full wall of windows with views of the picturesque backyard, gorgeous hardwood floors and its that time of year again, cozy up on these chilly fall evenings and enjoy the fireplace. This room has an abundance of space for all of your entertaining needs. To the left of the living room is a study/library or whatever you desire, built in shelving and hardwood floors adds a perfect , exquisite touch. The formal dining room with updated modern lighting and stunning hardwood flooring is right off of the kitchen. The kitchen comes equipped with an abundance of cabinets, butcher block countertops with an open concept over looking the dining room . All appliances will remain !!! The first floor also offers the conveniences of a first-floor laundry room. On the first floor you will also find an adequate bedroom , perfect for overnight guests, there is also a full bath off of the laundry room. Once you head upstairs, the impressive, 28x12 , oversized Primary Bedroom offers space galore with an impressive walk-in closet. You will find two additional bedrooms, both with space , storage and hidden storage areas. The lower level recreation room has recently been finished. This additional space can be used for a game room , toy room, etc. The backyard is your own private retreat, enjoy those fall evenings, bonfires and the tranquility.
Source: MLSNOW #5156172
Loan details
Neighborhood
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.