221 Pitts Ave Old Hickory, TN 37138
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About this home
Roof Replaced less than 5 years ago, HVAC less than 4 years ago, Water Heater less than a year ago, and Home Warranty included... Charming Old Hickory Home – Perfect for Lake & Golf Lovers! Nestled in the heart of Old Hickory, this delightful 3-bedroom, 2-bathroom home offers the ideal blend of comfort and convenience. Situated on a spacious quarter-acre lot, you'll enjoy plenty of room to relax and entertain. Located in a prime spot between two golf courses and just a stone's throw from the lake, outdoor enthusiasts will be in paradise. Plus, with a park nearby, there are endless opportunities for recreation and family fun. Inside, you'll find a cozy and inviting living space, perfect for creating lasting memories. The well-appointed kitchen makes meal prep a breeze, while the three comfortable bedrooms offer plenty of space for rest and relaxation. With two full bathrooms, mornings will be stress-free. The property also offers convenient access to local amenities, restaurants, and shops, making everyday life a breeze. Don't miss out on this incredible opportunity to own a piece of Old Hickory paradise. Whether you're a golf aficionado, a water sports enthusiast, or simply seeking a peaceful retreat, this home has it all. Schedule your showing today and experience the best of Tennessee. Roof Replaced less than 5 years ago, HVAC less than 4 years ago, Water Heater less than a year ago, and Home Warranty included
Source: REALTRACS #2898728
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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.