7681 Florence Dr Abilene, TX 79606
Your savings
About this home
**Charming Abilene Retreat: Perfect Blend of Comfort and Style** Discover your new home nestled in a serene corner of Abilene, TX. This delightful 3-bedroom, 2-bath residence, with a 2-car garage, offers a perfect balance of modern convenience and timeless elegance. Situated on a prominent corner lot and wrapped in a classic brick exterior, this property stands out for its striking curb appeal and inviting ambiance. Step inside to find an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting environment for both relaxation and entertainment. The interior boasts beautiful tile flooring in the main living area, providing durability and easy maintenance. Cozy up to the inviting fireplace, a focal point of the living room, perfect for those chilly Abilene winters. The well-designed kitchen features ample countertops and cabinets, making meal preparation a pleasure. The open layout ensures the cook is never far from the conversation when entertaining guests. The primary suite is a sanctuary for relaxation, complete with a private bathroom. The additional two bedrooms offer flexibility for use as bedrooms, a home office, or a workout area. Each bathroom is designed for comfort and functionality, adding to the home’s overall appeal. The back porch fireplace adds a bit of warmth for back porch sitting. This property is not just a house but a home where you can create memories and enjoy the tranquil lifestyle Abilene has to offer. Experience modern living with a touch of classic charm. Don't miss the opportunity to make this wonderful house your home.
Source: NTREIS #21090762
Loan details
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.