1716 E Chase St Baltimore, MD 21213
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About this home
Work Where You Live! Just walking distance to Johns Hopkins! Welcome to this beautifully updated 3-bedroom, 3-bathroom home built in 1890, blending historic charm with modern updates! Featuring exposed brick walls, gleaming hardwood floors, and an open-concept design, this home offers the perfect mix of character and comfort. Step into a chef’s kitchen with stainless steel appliances, granite countertops, and ample cabinet space ideal for cooking and entertaining. Each bedroom has its own private bathroom, making it perfect for roommates or anyone seeking both comfort and privacy. The unique two-suite layout adds flexibility, whether for guests, family, or rental potential. The primary suite is a true retreat, boasting soaring ceilings with crown molding, a spacious walk-in closet, and a luxurious jetted bathtub. Enjoy two outdoor living spaces, including a rooftop deck with breathtaking panoramic views—perfect for relaxing or watching fireworks light up the Baltimore sky! Recent upgrades provide peace of mind: New HVAC system (2023) Roof work completed & certified (March 2024) New gas lines installed (2024) The owner has truly put love and care into this home, ensuring it has been beautifully maintained and thoughtfully updated. Location, Location, Location! This home is just steps from Johns Hopkins, with easy access to Eager Park, Fells Point, the Inner Harbor, and Mount Vernon all while being surrounded by a vibrant, walkable community. Don’t miss the opportunity to make this stunning home yours schedule your showing today!
Source: BRIGHT #MDBA2182086
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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.