3436 Heresford Dr Cleveland, OH 44134
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About this home
Welcome to your dream Cape Cod home! Nestled in a serene neighborhood, this charming three-bedroom residence is a perfect blend of classic style and modern convenience. As you step inside, you're greeted by a sun-drenched living room that features stunning beam ceilings, creating an inviting atmosphere for relaxation and gatherings. The natural light pours in through large windows, highlighting the spacious layout that flows seamlessly into the dining area. The heart of the home, the kitchen, is a chef’s delight with its ample storage, sleek stainless steel appliances, and an electric cooktop, making meal prep a breeze. The adjoining dining room boasts light wood-type flooring, adding a touch of warmth and elegance, ideal for family meals or entertaining guests. For those who work from home or indulge in crafts, the dedicated office space provides versatility and comfort, featuring the same beautiful light wood flooring. The full bathroom on the main floor is a true retreat, showcasing a stylish double vanity and meticulously tiled walls that elevate your daily routine. Venture upstairs to discover a spacious and versatile area complete with a cozy sitting room adorned with loft ceilings, perfect for a quiet reading nook or a play area for the kids. The lower level offers plenty of storage and is partially finished, presenting endless possibilities for customization to fit your lifestyle. Step outside to your private backyard oasis, perfect for hosting intimate gatherings or simply enjoying a peaceful evening under the stars. With a home warranty included for your peace of mind, this Cape Cod gem combines comfort, style, and practicality in one package. Don’t miss out on this incredible opportunity—call today to schedule your private tour and make this charming house your new home!
Source: MLSNOW #5159261
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.