1565 Kestrel Dr Clarksville, TN 37040
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About this home
Beautiful 4-Bedroom Home with Custom Upgrades, Smart Features & Prime Location! Still feels new, this stunning 4-bedroom, 2.5-bath home offers a spacious and open layout on a level lot with desirable finishes throughout! The main level features an inviting two-story foyer, a bright, open living area with high ceilings and a natural gas fireplace. Natural gas in the neighborhood, home has tankless gas water heater, if desired buyer could add a gas stove! The massive kitchen island serves as a perfect gathering space for dining and entertaining, complemented by custom cabinetry, built-in coffee bar, and two pantries, one is a walk-in! The formal dining room offers flexibility, ideal as a home office, gym, den or whatever fits your lifestyle. Upstairs, the extra-large primary suite is a true private retreat with high ceilings and room for seating area, additional workspace or a spacious escape. The en-suite bathroom impresses with a floor-to-ceiling tiled shower featuring two decorative ceiling medallions, double sinks, a private water closet, and a wrap-around walk-in closet offering exceptional storage. Secondary bedrooms are spacious—two with their own walk-in closets—and a loft area for a reading corner or play zone. Outdoor living is just as inviting with a covered front porch perfect for relaxing in the evenings and a covered back patio with ceiling fan, extended BBQ patio, and a fully fenced backyard ready for entertaining. Additional highlights include: Updated interior paint throughout, Half bath with installed vanity for storage, Main level laundry with cabinetry, Smart home: doorbell camera and security system, Sidewalk community zoned for Northeast Elementary, Kirkwood Middle & Kirkwood High Schools, Easy interstate access, convenient to Exit 1 & Exit 4 shopping, dining, and groceries, This home combines comfort, functionality, and custom style in a highly desirable neighborhood—don’t miss your opportunity to make this one yours!
Source: REALTRACS #3039310
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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.