4250 Oak Knoll Dr Youngstown, OH 44512
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About this home
Welcome Home! This incredibly beautiful 5-Bedroom 4-Bathroom estate is a true work of art, elegance and luxury. From it's gleaming hardwood floors to the indoor pool oasis, every detail has been meticulously crafted for your pleasure and comfort. Step inside and experience the warmth of the open floor plan, where sunlit spaces invite relaxation and entertaining. The heart of the home is the expansive chef's kitchen, featuring rich cherry cabinets, ample counter space, and a layout that makes cooking and hosting a breeze. Enjoy meals in the elegant formal dining room, perfect for dinner parties and celebrations. Highlights & Updates include: Indoor Pool with new lighting and 450 BTU Heater New electrical wiring throughout Updated plumbing Upstairs bathroom remodel Custom tile in the bathroom sourced from the historic Rose Cathedral in Youngstown New lamppost with modern styling All new windows New speakers and $1,000 hardwired sound system 2 new furnaces & 2 new A/C units Roof replaced (from wood to shingles) Finished basement with: New theater room 2nd full kitchen Additional bathroom Prime location very close to Millcreek Park and Golf Course, offering beautiful scenery, walking biking and hiking trails, and recreational opportunities right outside your door. This home must be seen to be truly appreciated - the attention to detail and craftsmanship are second to none. Don't miss your chance to own this rare gem. Call today for your private showing!
Source: MLSNOW #5161353
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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.