3169 Conservancy Ln Charleston, SC 29414
Your savings
About this home
Welcome to this stunning 1.5-story traditional home in the highly sought-after Carolina Bay community of Charleston, South Carolina. With 2,063 square feet of beautifully designed living space, this residence offers three spacious bedrooms and two well appointed and updated bathrooms. Enjoy the spacious feel of cathedral ceilings and stylishness of the custom trim work throughout the home, with new paint the sellers picked to give this home a sense of timelessness. Unwind in the inviting sunroom, which features a convenient dog door leading to a fenced yard, perfect for outdoor furry fun. The master bathroom has been exquisitely redesigned for both functionality and aesthetics, boasting plumbing for a freestanding tub alongside a luxurious shower, and equipped with comfort height toiletsin both baths including bidets. Culinary enthusiasts will appreciate the gas hook-up for the stove (electric stove/oven installed), a microwave vented to the exterior, and a built-in coffee station or planning center that adds convenience to your kitchen workflow. The upgraded lighting fixtures illuminate the home beautifully, while the loft with a Dutch door adds a touch of privacy and could be used as an office, play room, den, or 4th bedroom. Features such as the new roof and HVAC system ensure a peace of mind. The outdoor space includes a gorgeous 10'x20' deck, complete with a stylish metal pergola, further enhancing your entertaining options. The community grants easy access to major roadways and has multiple entrances while featuring fantastic amenities like three pools, a 3-acre park, kayak launch, dog park, and miles of walking trails. Retail, dining, and medical facilities are conveniently nearby, along with the allure of the beaches. This home is a true gem, ready for you to make it your own!
Source: CTAR #25030105
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.