605 W Lee Rd Taylors, SC 29687
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About this home
Welcome home to 605 W. Lee Road! Sitting on almost half an acre, this all-brick, one-level home offers easy living in a highly sought-after area and a well-established neighborhood with no HOA. This 3-bedroom, 2.5-bath property provides the perfect blend of space, comfort, and convenience. Inside, you’ll find an inviting floor plan with spacious rooms and plenty of natural light. Beautiful hardwood floors flow through most of the home. The living room features a cozy wood-burning fireplace and opens to the kitchen—ideal for everyday living and entertaining—which includes a smooth cooktop stove, built-in microwave, dishwasher, refrigerator, and ample cabinetry. All three bedrooms are generously sized, offering the kind of space rarely found in homes today, with the primary suite featuring a private full bath and walk-in shower. Outside, enjoy your own backyard retreat with an above-ground pool surrounded by a custom-built deck, two fire pits for cozy evenings or entertaining, and a fenced yard providing privacy and room to play. Mature trees add shade and charm, and a storage shed neatly holds your outdoor and pool equipment. An oversized one-car garage with an attached workshop offers excellent storage and hobby space for projects big and small. Ideally located in a prime Taylors location, this home offers the best of both worlds — a quiet, established neighborhood close to sought-after schools, vibrant downtown Greenville, local parks, and an abundance of shopping, dining, and entertainment options. With its classic charm, generous living spaces, and freedom from HOA fees, 605 W. Lee Road truly has it all.
Source: GREENVILLESC #1573925
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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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