14755 Grey Egret Run San Antonio, TX 78253
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About this home
***Your Dream Home became more affordable! The motivated Seller is giving Seller Concession to buy-down interest rates and help in the closing!*** This Gorgeous One-Story Home that sits in a Corner lot is located at the heart of Northwest San Antonio. Step inside to a beautiful Foyer with long gracious steps that leads to the well Upgraded Home with beautiful features including Open Space Concept, Sprawling Kitchen Island, 42" Kitchen Cabinets, Spacious Living Room, upgraded 3 Full Bathrooms, Owned Top of the Line Security System with home automation, an enhanced garage and fancy stone accents on the outside. The kitchen flows naturally into a spacious living room, which is perfect for relaxing and entertaining. Next to the living room is the lavish primary suite, which is a true sanctuary. The master bath and walk in shower is huge and luxurious, with plenty of space and a walk-in closet. Each of the other bedrooms is also generously sized and has upgraded carpets for comfort and style. Located in a highly sought-after subdivision "Preserve at Culebra" in Alamo Ranch which close to major highways, JSAB Air Force Bases, La Cantera, Seaworld, Six-Flags, Costco, HEB and Hospital. This gorgeous home is ready for its next Owner - and it could be yours! Come and see this beauty and be the next owner!
Source: SABOR #1870609
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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.