205 Cozy Brook Ct Summerville, SC 29486
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About this home
Move-in ready Davis model just built in 2023 in the Pine Hills community of Cane Bay Planation. Very lightly lived in and backing up to a wooded area with privacy and surrounding green space with nearby cul-de-sac. Enjoy life with extremely low maintenance living! This beautiful townhome features 3 bedrooms, 2.5 baths and one car attached garage. You are welcomed by a defined foyer that leads up back to the kitchen, great room, and dining area. The kitchen features white cabinets with center island and all appliances will convey. Just beyond the kitchen, an open space that could be used multiples ways, with a defined dining area and great room combination or just as one large great room! Lots of possibilities to personalize with design! A powder room, pantry, and additional storage......closet nearby. The sliding glass door takes you to a patio with partition fencing on either side. The perfect place for your morning coffee or to unwind at the end of the day. A large suite is located upstairs on the back of the home with the same private wooded views. Also upstairs, two additional guest bedrooms with a full bathroom with dual sink vanity, and laundry room with 2023 washer and dryer will convey. Back downstairs off the foyer, an attached one car garage with oversized driveway. Ready for homeownership or perhaps a low maintenance second home in the Charleston area? Please book your showing today! .
Source: CTAR #25006067
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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.