530 Carolina Woods Dr Myrtle Beach, SC 29588
Your savings
About this home
Welcome to this stunning 3 bedroom, 2 bath home in the sought-after Carolina Woods subdivision of Myrtle Beach! Thoughtfully updated throughout, this home blends modern comfort with stylish coastal charm. Step inside to find vaulted ceilings that create an airy, open feel across the main living area, complemented by updated lighting and fixtures that add a touch of sophistication. The kitchen is sure to impress with stainless steel appliances, a custom tiled backsplash, and contrasting cabinetry that perfectly balances warmth and elegance. The primary suite offers a relaxing retreat with decorative wainscoting details, adding texture and character to the space. You’ll also enjoy a large walk-in closet and a private en suite bath featuring a walk-in shower and modern vanity. Two additional bedrooms and another full bath provide ample space for family, guests, or a home office. A light-filled Carolina room extends your living area, ideal for morning coffee or evening gatherings. Outside, a stone patio overlooks the spacious fenced-in backyard, perfect for entertaining or enjoying quiet coastal evenings. Nestled in a friendly, well-established neighborhood, Carolina Woods offers convenience and charm just minutes from great restaurants, shops, and Highway 31, providing easy access to everything along the Grand Strand. Also conveniently close to Murrells Inlet, this updated home is the perfect blend of comfort, style, and location—ready for you to move in and enjoy the Myrtle Beach lifestyle.
Source: MYRTLEBEACH #2526388
Loan details
Neighborhood
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.