2803 Bon Aire Ave Victoria, TX 77901
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About this home
After 23 days off the market--no fault of the house or the seller--WE ARE BACK ON THE MARKET! Inspections and repairs completed! NOW is your opportunity! Victoria buyers! Welcome home to this lovely brick residence on a spacious corner lot that has been completely updated for you inside & out! Walking up you immediately notice the beautiful, energy efficient vinyl windows and 30-year roof that was installed in 2021! Inside you will be surprised it features 4 bedrooms 3 baths, bonus room, formal dining, utility room and customized updates EVERYWHERE! Entering at the front double doors you begin to see how much it has to offer--open living, kitchen & dining, your attention is drawn to the chef's kitchen with Quartzite countertops, built in trash cabinet, Jenn Aire gas stove top w/ vent fan, tremendous island w/ self-closing doors & bar seating, double ovens, and storage to the max! Premium grade LVP flooring is found in the living room, hallway and bedrooms. One bedroom has two built-in desks and storage and the remaining 3 bedrooms feature walk-in closets. The three full baths are each amazing with one featuring a spa-like set up and the other two having large, step-in private showers! The primary bedroom is very large with two separate closets & built-in storage! Its tranquil ensuite offers privacy & beauty. The BONUS room or 2nd living features a bar with storage galore w/ lots of room for FUN or business! The electrical has been modified to current code inside & out, HVAC has been replaced, new ducting in 2021 with an allergen scrubber, 8" of blown insulation in the attic, ceilings had acoustic tile removed & replaced with SheetRock. All Paneling in the house was removed and SheetRock was replaced there, too! Rain gutters and soffits have been replaced on the exterior. Lifetime, transferable warranty on the vinyl windows in the property. Enjoy the backyard's gazebo and don't forget the building for MORE storage! Is there anything missing? Just YOU!
Source: CENTRALTEXAS #570130
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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.