409 The Bear Blvd Tamassee, SC 29686
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About this home
Welcome to 409 The Bear Blvd — a private lakefront retreat tucked inside Fiddler’s Cove, a peaceful community in Tamassee, SC. With two adjoining lots totaling 1.71 acres, this property offers both privacy and flexibility, whether you’re dreaming of a full-time residence, a weekend escape, or a multigenerational gathering place. Step inside this spacious 5-bedroom, 3-bath home designed for both comfort and connection. The main level welcomes you with warm rustic details and abundant natural light, while the fully finished walkout basement provides a second living space with two bedrooms, a family/rec room, wet bar, and covered deck that opens right out to the water. It’s the perfect setup for entertaining, hosting, or simply enjoying quiet moments by the lake. Outdoor living is at the heart of this home. Imagine sipping coffee on the screened-in front porch, gathering for dinner on the freshly painted back deck, or spending long afternoons down by the water. With two private docks, a lakeside gazebo, and wooded trails to explore, every day feels like a retreat. The property also features a permitted accessory building with its own porch, mini-split heating and cooling, insulation, and full electrical—currently used as a creative studio, but easily adaptable into a workshop, office, or future guest suite. Surrounded by the natural beauty of Oconee County, you’ll have easy access to hiking trails, mountain views, and the charm of small-town living. Whether you’re unwinding for the weekend or planting roots for good, 409 The Bear Blvd offers a lifestyle that blends tranquility, recreation, and the joy of true lakefront living. Buyer to verify all information deemed important in purchase.
Source: GREENVILLESC #1565348
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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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