310 S Hurds Corner Rd Caro, MI 48723
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About this home
Sprawling split ranch on this beautiful property in Caro! This is a 3 bedroom, 2 full bath home, with an open floor plan and spectacular views of the property. Vaulted ceilings and large windows in the living room/kitchen/dining area creates an airy aesthetic, complimenting the outdoor area. Grand primary suite off of the living room, with its own walk out area, perfect for your morning coffee or your favorite book. The other two bedrooms are off of the kitchen, one with its own separate entrance for a mother-in-law space, or your home office. Great mud room off of the garage to hang your coats and spots for shoes, and another covered porch located off of it for yet another great space to relax outdoors. The home has an impressive cement exterior wall construction. Very solid! Pella windows and doors, just some of the many upgrades to this substantial home! Fantastic sized pole barn to store extra vehicles, four wheelers, boat, etc. The pole barn has a cement exterior construction as well! The large pond has been well cared for, and has a beach for warm weather activities! Did we mention the acreage? 18.67 acres of beautiful woods with groomed trails for riding, taking a nature walk, hunting, or whatever you desire is. This is an amazing property, and a must see in person! Call to schedule your showing today.
Source: REALCOMP #20251049632
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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.
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