29228 Marilyn Dr # 268 Unit 268 Canyon Country, CA 91387
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About this home
Welcome to this charming American Beauty Meadows Cul-De-Sac home on a large private lot. As you arrive, you are welcomed with a large front yard with beautiful mature trees. The home has a very private location with no neighbors on one side. When you step into the home, you will notice the open floor that leads into a warm and inviting living room and formal dining room. There are high vaulted ceilings and large windows that let in a lot of natural light. The wood-like laminate flooring and plantation shutters are found throughout the home. A cozy family room features a beautiful granite fireplace with a mantel and recessed lighting. The family room opens into the eating and kitchen areas. Kitchen features granite countertops with a beautiful tile backsplash, newer stainless steel appliances, recessed lighting, beautiful pendant lighting over the island, seating around the breakfast counter, and crown molding. There is a half bathroom downstairs with an updated vanity, electrical soffit, newer floors, newer light fixtures, and newer baseboards. Upstairs, you will find 3 spacious bedrooms. The primary bedroom features wood-like laminate floors, a vaulted ceiling, and large windows with plantation shutters. The primary bathroom has double sinks, wood frame mirrors, decorative lighting, and a tub/shower combination. The two additional rooms are good size, also with plantation shutters. The hallway has a nice-sized full bathroom. There have been many upgrades to this home that include, EV Car Charger, NEW HVAC, New water heater, copper repipe, recessed lighting in the family room and kitchen, newer interior doors and hardware, newer light fixtures throughout, newer baseboards, and so much more. Outside is your private oasis with a large backyard featuring an extended patio, pavers to create an outdoor living space, a storage shed on the side of the house, white vinyl fencing, string lights, and plenty of room to enjoy all your entertaining needs. American Beauty Meadows community amenities include a pool, spa, tennis court, front yard maintenance, and all common areas. Close to shopping at the newest shopping complex in the community, featuring Sprouts Market, Starbucks, Chipotle, and many other restaurants. Freeway access to the 14 is very close for your commute, and there are wonderful schools nearby, too. Call for a showing today!!
Source: SANDIEGO #SR25184998
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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.