4905 Westlake Dr Garland, TX 75043
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About this home
BACK ON MARKET WITH NEW ROOF!!! **Prime Location Meets Modern Comfort in Garland, TX**. Discover unparalleled living in this impeccably maintained one-story gem nestled in the vibrant heart of Garland, TX. Boasting 4 spacious bedrooms and 2.5 baths, this residence is a perfect blend of style, convenience, and comfort. Strategically situated near the picturesque Lake Ray Hubbard and offering quick access to I-30, downtown Dallas is merely a brief drive away, making your commute a breeze. Step inside to an open living concept, where high ceilings and all-new paint throughout enhance the home's immaculate allure. The living room, wired for sound, effortlessly flows into a large breakfast area and a kitchen that any culinary enthusiast will treasure. Revel in the luxury of granite countertops, a kitchen island, and stainless steel appliances, including a desirable gas cooktop. A niche designed for a coffee bar elevates your morning routine. The primary suite is a serene retreat featuring an ensuite bath complete with a garden tub, separate shower, and dual sinks, also wired for sound to add ambiance. Large secondary bedrooms offer ample space for a hobby or office, while a versatile formal living area can double as a den or office. A huge utility room provides practicality with additional space for a mud bench. Perched on a spacious premium corner lot, the exterior is beautifully landscaped, creating an inviting curb appeal. The three-car garage adds convenience and extra storage for all your needs. This residence truly offers everything one could desire in a home, blending contemporary design with unmatched function to support your lifestyle. Seize this opportunity to live in a home that combines modern flair with accessibility and a prime location, ensuring a perfect haven for your everyday life.
Source: NTREIS #20988623
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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.