1808 Swansea Rd Baltimore, MD 21239
Your savings
About this home
Nestled in the charming Perring Loch neighborhood, this exquisite traditional townhouse offers a perfect blend of modern luxury and timeless elegance. With a major renovation completed in 2020, this home has been thoughtfully updated to provide a warm and inviting atmosphere, ideal for both relaxation and entertaining. Step inside to discover a beautifully designed interior featuring three spacious bedrooms and two full bathrooms. The heart of the home is the combination kitchen and dining area, where upgraded countertops and stainless steel appliances-including a gas range and energy-efficient dishwasher-create a culinary haven. The eat-in kitchen is perfect for casual meals, while the dining area sets the stage for more formal gatherings. Recessed lighting and gleaming wood floors enhance the inviting ambiance throughout. The fully finished basement, complete with walkout stairs and ample natural light, offers additional living space that can be tailored to your needs-be it a cozy family room, home office, or guest suite. A stylish electric fireplace with glass doors adds a touch of warmth and sophistication, making this space perfect for year-round enjoyment. Outside, the property boasts a charming front yard and a private rear yard, ideal for outdoor gatherings or quiet moments of reflection. The inviting porch is perfect for sipping morning coffee or unwinding in the evening. Thoughtful exterior features, including awnings and exterior lighting, enhance the home's curb appeal while providing comfort and safety. Located in an urban setting, this home offers convenient access to public transportation, with a bus stop less than a mile away. Enjoy the vibrant city life while retreating to your peaceful sanctuary. The neighborhood is adorned with sidewalks and street lights, creating a welcoming environment for evening strolls. With off-street parking available and a concrete driveway, convenience is at your fingertips. The property also includes a shed for additional storage, ensuring that everything has its place. This residence is not just a home; it's a lifestyle. Experience the perfect blend of luxury, comfort, and urban convenience in this stunning Perring Loch townhouse, where every detail has been curated for your enjoyment. Embrace the opportunity to make this exquisite property your own and indulge in the exclusive lifestyle it offers.
Source: BRIGHT #MDBA2187972
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.