3927 Battery Park Converse, TX 78109
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About this home
PRICE TO SELL!! seller is offering $10,000.00 to buyer to rate by down or toward closing cost. Beautiful 4-Bedroom, 3-Bathroom Home in Park at Escondido. Welcome to this stunning single-story home featuring 4 spacious bedrooms and 3 full bathrooms. Designed with an open-concept layout, this home creates an inviting sense of togetherness-perfect for family living and entertaining guests. Enjoy elegant laminate flooring throughout the main areas and cozy carpeting in the bedrooms. The kitchen is a true centerpiece, boasting a large granite island, dark wood cabinetry, and ample counter space-ideal for cooking and hosting. The primary suite offers a peaceful retreat with a generously sized walk-in closet and a luxurious en-suite bathroom featuring a garden tub and separate tiled shower. Two additional bedrooms share a convenient Jack-and-Jill bathroom, while a fourth bedroom at the front of the home provides the flexibility to serve as a guest room or home office. Step outside to the covered back patio with a concrete floor-perfect for grilling or relaxing. The spacious backyard backs up to a serene greenbelt, offering privacy with no rear neighbors. Additional features include a sprinkler system and a water softener. Located in the highly desirable Park at Escondido community, residents enjoy access to top-tier amenities including playgrounds, a sand volleyball court, basketball and tennis courts, and a sparkling community pool. Conveniently situated near major highways and just minutes from Randolph AFB, this home offers excellent access to shopping, dining, and entertainment. Don't miss out on this incredible opportunity-schedule your private showing today!
Source: SABOR #1863644
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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.