1418 Blanton Pl Sherman, TX 75092
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About this home
WELCOME HOME!! Spacious 3 bed, 2 bath, 2 living, 2 dining, MANY UPDATES have been completed! Located on a corner lot in West Sherman. Great neighborhood, close to shopping, dining, gym, churches, hospitals, walk to the park! Fresh paint THROUGHOUT, new baseboards and crown molding, new FLOORING in most rooms, completely UPDATED PRIMARY BATH-huge walk-in shower for taking the stress away! 2nd and 3rd bedrooms have a large jack and jill bath. Den has built in cabinets, bookcases and a brick fireplace with extra-long hearth. Gas logs for those cold winter nights with NO cleanup! If you choose, you can take them out and burn wood, the good thing is a gas starter! The sunroom, off the den, has walls of windows for LOTS OF LIGHT, central heat and air, plus, window unit for hotter days. Large privacy fenced backyard ready for your personal touch! Storage building, large 2 car garage and extra, single car garage 19x16. Single has workbench, cabinets, shelves, window unit for heat and air. Brand new, Parker Elementary for the younger kids, Sherman Middle School and State of the Art Sherman High, opened in January of 2021! Sherman is a great place to live! Schedule a showing NOW! Don't miss out on this well-built, well-maintained home!!!
Source: NTREIS #21069422
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Close stress-free in 45 days, handled start to finish by Roam.
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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.