202 S 7th St Jacksboro, TX 76458
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About this home
Move-In Ready and Priced to Sell – Don’t Miss This One! Why wait months for new construction when you can move right into this completely remodeled modern home today? Taken down to the studs and rebuilt with care, this house features brand new electrical wiring and a new HVAC system, offering you worry-free living from day one. You’ll love the open, updated feel with durable laminate flooring throughout the main areas, soft new carpet in each bedroom, and stylish tile in the bathrooms. Every room has been fully redesigned to create a fresh, inviting space. The kitchen comes equipped with brand new stainless steel appliances, including a Samsung fridge and freezer combo, microwave, and dishwasher – all ready for your first home-cooked meal. Painted in modern blues and greys, this home is ready for your décor and personal style. The home offers an abundance of parking and nice wooden shutters lining the exterior windows. Located right in town, you’re close to everything Jacksboro has to offer: excellent schools, shopping and more. This home is move-in ready and waiting for its new owner. Schedule a showing today!
Source: NTREIS #21001894
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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.