1349 Covered Wagon Spring Branch, TX 78070
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About this home
READY TO MOVE IN! Don't miss this opportunity to own a piece of Texas paradise in Spring Branch. This stunning 3 bedroom two bath one-story home is surrounded by natural landscaping with an inviting surrounding private rock fence with a extended cozy patio area to enjoy a cup off morning coffee to a evening under the stars. To include a outside shed. This stunning beautiful home features a warm welcoming from the front covered patio to the opening of a Spacious Livingroom with vaulted ceilings, high windows for delightful natural lighting and showcasing the lovely outdoor views.. Kitchen with granite counters all appliances include. The dining is defined yet open to the Kitchen divided by a island breakfast bar. Rustic stain cement floors that flow throughout also creating a warm and welcoming ambiance. Whether you're hosting gatherings or enjoying quiet evenings at home, this delightful 1450 square foot residence perfectly combines a slice of paradise. Situated in the Cypress Lake Gardens community. This home offers easy access to nearby rivers and lakes, making it a perfect location for outdoor enthusiasts and leisurely picnics. Convenience is key in this location, Comal ISD with near by schools. Quick access to 281 and other major highways connecting you to surrounding areas with ease. This home is not just a place to live; it's a lifestyle. Embrace the tranquility of the Texas Hill Country while enjoying the modern comforts of a well-designed home. Schedule your private tour today and experience the charm and beauty of this exceptional property for yourself!
Source: SABOR #1868493
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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.