3314 Rosary Ct Abingdon, MD 21009
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About this home
Welcome to 3314 Rosary Court! This wonderfully spacious home in the heart of Abingdon, offers the perfect blend of elegance, comfort, and entertainment. With 4 large bedrooms, 2 full baths, and 2 half baths, this property has all the space you need for both relaxation and gatherings. Inside, you’ll love the huge owner’s suite, a true retreat with plenty of room to unwind. There are 2 walk-in closets to provide each owner with their own dedicated space. The hallway showcases a large hobby area outside of the other 3 bedrooms as well as the laundry room. The main level boasts gleaming hardwood floors, a modern kitchen featuring granite countertops and rich dark cherry cabinets, and open living spaces that are both stylish and functional. There is a perfect office or den right off the main living room that is perfect for the remote worker. There is also a bonus weeknight dining room right off of the kitchen. Step downstairs to discover an amazing bonus game room in the basement—ideal for family fun, hobbies, or entertaining guests. With lots of storage throughout, the home combines practicality with comfort. There is also a bonus room in the basement that was setup as a salon, but can be a perfect storage room or second office. Outdoors is where this home truly shines! Enjoy your summers in the inground saltwater pool, complete with a poolside pavilion perfect for lounging, grilling, and entertaining. The pool goes from 4' to 10', so there is room for everyone! The fully landscaped yard provides privacy and space to relax or host unforgettable gatherings. There is also a large garage perfect for parking and storage. This home is more than just a place to live—it’s a lifestyle! This home is also lovingly located in Medley Estates, where there is a true sense of community! From holiday gatherings to community events this community is where people want to be! Don’t miss your chance to own this entertainer’s paradise in sought-after Abingdon. Schedule your private showing today! All inspections have been completed and are available for your review.
Source: BRIGHT #MDHR2047952
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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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