400 Livingston Dr Desoto, TX 75115
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About this home
Short Approved! Please see attached documents, list price adjusted to match ATP agreement but sellers are negotiable. Bank has final say but this is an amazing opportunity for a deal on this amazing like new home. Perfection in Parkerville Meadows! Step inside this immaculate, like new, North Facing 2 story stunning beauty in DeSoto sits on an oversized corner quarter acre lot. This beautiful 5 bedroom 3.5 bath showcases amazing curb appeal and functionality. Inside you'll experience an oversized U-shaped Kitchen with granite countertops, large sink, lots of cabinet storage, large pantry, an oversized island AND eat in kitchen; perfect for entertaining. Luxury vinyl plank throughout first floor, oversized 2.5 car garage, oversized master bedroom, large soaking tub & separate shower in master bathroom, HUGE walk in closet. A separate utility room on first floor and a half bath. Upstairs hosts 4 bedrooms, 2 full bathrooms with granite countertops and a game room or second living area waiting for your personalized touch and a large covered patio for your outdoor enjoyment. 2022 build and still under builder warranty until 2032. Several walking paths within the community and easy access to I-35, HWY 67 and I-20.
Source: NTREIS #20923400
Loan details
Neighborhood
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.