241 Blair Dr Clarksville, TN 37043
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About this home
BIG HOUSE WITH CONCESSIONS! This traditionally laid out, but endlessly spacious home is surround by mature trees on nearly an acre. You'll find it hiding in the back of a well manicured neighborhood. Minutes from our growing downtown and Wilma Rudolph Blvd. It fees like something you'd see in a Hallmark movie ( but NO HOA) as you near the dead end it stands tall and proud. Brick faced and showing off its grand features. Inside it has fresh paint throughout, quartz countertops, new flooring in the extra large rec-room created from a garage conversion. Just off the kitchen you'll spend hours outside on a massive deck, splashing in the pool or maybe the garden. If you want chickens they can stay too! ALSO the roof is from 2020 with a 15-year warranty, 2020 HVAC unit for downstairs, The sellers are ready to make your dreams come true and you wallets happy by providing sellers concessions to cover closing expenses rate buy down or whatever you need it for! Make it yours before the holiday decorating season!
Source: REALTRACS #2988780
Loan details
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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.