7309 Talbot Run Rd Mount Airy, MD 21771
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About this home
Main Level Living at its finest! Enjoy the scenic setting of this lovely home nestled in the Talbot Ridge Farms subdivision. Only 4 houses on a private road, surrounded by farmland! Built in 2019, this home is like new, and ready for its new owners. Coming up the recently paved and oversized driveway, you'll find yourself greeted by a lovely walk way, up to a cozy front porch nook. Inside, you're welcomed into a huge open foyer that graciously brings you into the heart of the home. The gorgeous kitchen is open to the breakfast area, and the family room is large enough for a separate dining area, or keep it a big family room, the choice is yours! Kitchen features beautiful taupe-grey cabinets with sleek black hardware, glass subway tile backsplash, a modern separate vent hood over the stove, an enormous island with built in sink and dishwasher, and so much prep space on the marble countertops! Behind the kitchen is a hallway to access the half bath, mudroom with built in bench and shoe cubbies, and the laundry area on the way to the large 2 car garage. Back into the home, head past the family room to find the bedroom wing. The primary suite is down another hall, with an oversized linen closet for convenient storage. The primary suite is built to impress, with recessed lighting in the tray ceilings, sitting/dressing area, a generous walk in closet, and attached primary bathroom with double sinks, it's own linen/storage closet, and a beautiful walk in shower with glass subway tiles. Back out to the main hallway, find 2 more bedrooms which share another spacious full bathroom with a tub/shower combo and double sinks! Heading back into the main area of the home, but tucked out of the way, find the wrap around stairs leading you to the basement, and sunbathed by more windows. The basement was thoughtfully designed to meet a variety of needs. Find a massive finished recreation room with ample recessed lighting, which makes this area feel less like a basement, and more like a fun hang out area. Large enough to separate into gaming area, home theatre, and home gym space! Basement also features another full bonus room, and full bathroom with tub/shower combo. Keep the bonus room as an office, or a space for guests! With the ease of the walk out level and separate door, this could be converted to use as au-pair space, a separate apartment, or even a home based business. The choice is yours! Schedule your tour today, this property is sure to impress!
Source: BRIGHT #MDFR2066950
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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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