3303 Fait Ave Baltimore, MD 21224
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About this home
Introducing this stunning townhome in the heart of Canton, offering four levels of luxurious living with three bedrooms, three full and two half bathrooms. Complete with a private two-car garage and a breathtaking rooftop deck with water and city views, this home has it all! Step inside through the welcoming foyer or the rear-loading garage into the first level that includes a bedroom suite with a private bathroom and walk-in closet. The interior is filled with natural light, highlighted by tall ceilings, recessed lighting, crown molding, rich hardwood floors and a neutral color theme. Upstairs, the main level features an open concept kitchen, dining area and a living room, complete with a gas fireplace with a slate tile surround. The kitchen boasts stainless steel appliances, granite countertops, 42” cabinets, a pantry, and a center island with seating. An inviting front family room showcases a bay window and provides another versatile lounge space. A half bathroom completes this level. Ascend upstairs, where the primary bedroom suite awaits, featuring a spacious walk-in closet and a private ensuite bathroom with a dual sink vanity, a jetted tub, and a walk-in shower. Finishing this level is another large bedroom, a full hall bathroom with a tub shower, and a convenient laundry closet. Up one level, the top floor is designed for entertaining with a loft that includes a wet bar, a half bathroom, and access to the rooftop deck. Enjoy stunning sunsets, fireworks, and air show flyovers from the comfort of home, with views stretching from the hilltop to the harbor, Fort McHenry, and the city skyline. Built in 2010, this home has been impeccably maintained by its original owner and highlights smart home features, an indoor and outdoor speaker system with AirPlay compatibility, and dual-zoned HVAC. Located in the heart of the vibrant neighborhood of Canton, this home is moments from an array of restaurants, pubs, parks, shops, grocery stores, fitness centers and so much more. Stroll along the scenic waterfront just a few blocks away, discover the charming O’Donnell Square, or simply enjoy the lively atmosphere of this sought-after community.
Source: BRIGHT #MDBA2189130
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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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