724 Camelia St North, SC 29112
Your savings
About this home
Welcome to 724 Camelia Street—Equal Housing Opportunity-a beautifully maintained 1920s cottage nestled on a spacious 0.61-acre corner lot in the heart of North, SC. This inviting 4-bedroom, 3-bath home offers 2658 square feet of living space, blending timeless character with thoughtful updates.Step inside to discover a warm and welcoming interior featuring hardwood and laminate flooring, a cozy loft space, and two fireplaces that add charm and comfort. The kitchen boasts painted cabinets, a breakfast bar, and modern appliances, while the formal dining room includes built-ins and a fireplace—perfect for hosting family gatherings.Enjoy outdoor living with a large covered front porch, a newly added covered back patio, and a detached workshop with a new roof and rafters. The property also includes a two-car carport with attic storage, a quaint cellar, and two mature pecan trees that enhance the serene setting. Outdoor lighting on timers adds ambiance and security.Located just one block from the local park and town hall, this home offers both convenience and charm. Whether you're relaxing on the porch or entertaining in the spacious backyard, this property delivers exceptional value and lifestyle.Property is owned by the US Dept of HUD. Case #461-821672 IN. Insurability is subject to the buyer’s appraisal. Seller makes no representations or warranties as to property condition. HUD homes sold AS-IS. Pre 1978 properties to include LBP notices. EARNEST MONEY MUST BE CERTIFIED AND MADE PAYABLE TO THE CLOSING ATTORNEY. AGENT MUST DELIVER EARNEST MONEY TO LIST BROKER AND CONTRACT PKG TO RAINE COMPANY WITHIN 48 HOURS OF CONTRACT ACCEPTANCE. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #615393
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.