1511 E Sandalwood Ln Unit 11 Unit 11 San Antonio, TX 78209
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About this home
Discover Your Dream Home in the Heart of Alamo Heights School District Seize the rare opportunity to reside in a prestigious community just north of Alamo Heights, renowned for its exceptional school district and unparalleled convenience. Nestled on a secure, private street, this stunning 1,626 square foot home offers an ideal location mere minutes away from the vibrant shopping and dining destinations of The Quarry and Pearl District. Step inside through a modern side entrance and be captivated by the expansive open floor plan. The grand 20' x 16' family room boasts soaring 9-foot ceilings, creating an inviting atmosphere for gatherings or relaxation. Culinary enthusiasts will relish the sleek gourmet kitchen featuring gas cooking, quartz countertops, and a stand-alone island perfectly positioned for entertaining. Retreat upstairs to your luxurious primary suite, where indulgence awaits. Start your day refreshed in the elegant wet room or the beautifully designed standup shower with a built-in bench. With a double vanity and a spacious walk-in closet, this suite is a sanctuary of comfort and style. Designed for low-maintenance living, the home features a charming deck and turf area outside, perfect for leisurely afternoons. Residents of The Heights benefit from seamless access to major highways, the airport, and the iconic Downtown San Antonio River Walk. Don't miss your chance to own this exceptional property in a coveted location. Experience luxury living with all the conveniences at your doorstep!
Source: SABOR #1887747
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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.