1943 Pinehurst Dr Nashville, TN 37216
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About this home
Welcome to 1943 Pinehurst Dr.Nashville TN 37216. Location, Location, Location!!! This gem, nestled in the heart of East Nashville, brings together space, comfort and location in a way that is hard to beat! Sitting on .35 of an acre, the generous yard gives a sense of privacy and plenty of outdoor potential. This solid, well-maintained single family home offers approximately 2300 sq ft of living space with 4 bedrooms, and 3 FULL baths. Inside, you will enjoy a mix of of hardwoods and (NEW) carpet flooring, and a finished basement (perfect for an in-law or teen suite). Enjoy preparing meals in the kitchen equipped with NEW stainless steel appliances, fresh paint, and updated fixtures. The primary suite is fitted with a luxurious tray ceiling, private bath, and spacious walk-in closet. Boasting being the singular home on the street with a rear entry garage, this home provides plenty of parking, clean curb appeal and a well-positioned driveway…all with NO HOA! You are in the heart of East Nashville-known for its up-and-coming energy, mix of restaurants, vintage-friendly shops and easy access to downtown and beyond. Just a short drive away is the major outlet-style mall, Opry Mills. The neighborhood itself has vintage shops, independent cafes and art spots. 1943 Pinehurst Dr gives you room to breathe, while keeping you close to the action. It’s the rare mix of suburban calm and city connection; perfect for anyone looking to put down roots in one of Nashville’s most exciting neighborhoods.If you’re looking for a home that balances size, character and location, this one hits all three!
Source: REALTRACS #3032229
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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.
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