18235 Johnson Ave Purcell, OK 73080
Your savings
About this home
Modern Farmhouse on the inside and Horse Ready on the outside! Looking for a horse property near Purcell with quick and paved access to highway, interstate, and town amenities? How about one with a 40x60 covered riding area, cross fencing, pond, 5 covered stalls and horse runs? Got goats? So do they. Come check this place out. There is also a 15x15 insulated shop with 220 plug in availability. Now for the updated interior of this comfortable home. It features 4 large bedrooms, 3 bathrooms, two main living spaces, and a modern style with some well placed antique touches including lamps, clawfoot bathtub, and kitchen sink. In addition to the primary suite, a second room also has a private bath making it great for guests or a mother in law suite. The house features central heat and air as well as zoned climate control are in place to keep you comfortable at your preferred temperature. the split floorplan offers additional privacy and relaxation. This house offers functionality, location, and comfort. Please allow 24 hour notice to schedule an appointment as this is an active horse property. The horses and dogs will be in corrals. Do not approach the animals or enter their pens. The best way to access the back barn is via the side gate next to the driveway beside the front of the house. Buyer to verify all information. Tours by appointment only. Sellers may be onsite with the horses but feel free to ask them about the property and/or local resources for your equine needs.
Source: MLSOK #1177001
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.