3780 Bald Mountain Rd Auburn Hills, MI 48326
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About this home
Charming 3 Bed, 3.5 Bath Ranch Home on Over 5 Acres in Auburn Hills, MI Discover your dream home in the heart of Auburn Hills! This beautifully maintained 3-bedroom, 3.5-bathroom ranch-style home sits on a sprawling 5+ acre lot, offering the perfect blend of serene country living and modern convenience. Ideal for families, entertainers, and outdoor enthusiasts, this property is a rare find! Key Features Include: Spacious Living: The open-concept main floor boasts a bright and airy living area with large windows, perfect for family gatherings or cozy nights in. Open Kitchen: Equipped with updated appliances, ample cabinetry, and a breakfast bar, ideal for casual dining Including first floor laundry! Three Generous Bedrooms: The master suite includes an en-suite bathroom, while two additional bedrooms offer plenty of space for family, guests, flex room could be used as a home office or extra bedroom. Three Full Bathrooms: Thoughtfully designed with finishes for comfort and style. Fully Finished Basement: A versatile space perfect for a home theater, game room, gym, or additional living area, providing endless possibilities for family fun or entertaining. Expansive 5+ Acre Lot: Enjoy ultimate privacy and room to roam with plenty of space for outdoor activities, gardening, or even adding a pool. Perfect for kids, pets, or hosting summer barbecues! Extra Garage/Pole Barn: In addition to the attached garage, a separate oversized garage offers ample storage for vehicles, tools, or recreational equipment, making it a hobbyist’s dream. Nestled in Auburn Hills, enjoy easy access to top-rated schools of choice, shopping, dining, and entertainment, with quick connections to major highways for commuting to nearby cities This stunning ranch home combines the tranquility of rural living with modern amenities, making it the perfect retreat for families or those who love to entertain. Don’t miss the opportunity to own this unique property with endless potential!
Source: REALCOMP #20251027476
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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.