807 E Holloway Dr Woodruff, SC 29388
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About this home
807 E Holloway Dr is an incredible home with it's very own built-in backyard oasis. This home is loaded with curb appeal in the form of extensive landscaping, exterior lights and full yard irrigation. Inside this beautiful home you will discover gleaming hardwood floors, tall ceilings, elegant archways, 5 panel doors, extensive crown molding and millwork. Upon entering the 2 story foyer you will find a lovely living room with bay window, ceiling fan and chair rails. Next we have the formal dining room with coffered ceiling, wainscoting and plenty space for for a large table to entertain guests. The open concept kitchen in next with large cabinets, recessed lights, pendant lights, under cabinet lights, stainless steel appliances, granite countertops, island bar, tile backsplash and my favorite, and automatic paper towel dispenser. Let's follow these gleaming hardwoods through the breakfast nook and into the great room which provides an impressive stone hearth with gas starter fireplace. Next we have a convenient powder room and access to the attached 2 car garage. Now let's head upstairs where we find 4 spacious bedrooms including a massive primary bedroom with it's own private bathroom boasting dual sinks, deep soaker tub, stand up shower and a generous walk-in closet. Then we have a large walk-in laundry room followed by bedroom 2 with vaulted ceiling, ceiling fan and deep closet. Down the hall you will find bedroom 3 and 4 connected by a Jack n Jill bathroom. Both these rooms have vaulted ceilings, ceiling fans and deep closets. Now let's head outback to your very own private oasis. There is just so much to love about this space begining with the screened-in porch with ceiling fan and privacy curtains. The concrete pad has been expanded significantly providing space for several areas to kick back and relax and unwind after a stressful day. There are 2 pergolas, a built-in privacy wall, 2 great sheds for storage and an amazing hot tub that conveys with the home. This is more than just a home, it's a sanctuary. All this and it's less than 20 minutes to GSP airport, 15 minutes to I-85 and the BMW factory, and 5 minutes to the Tyger River sports complex. Be sure to schedule a private tour today!
Source: GREENVILLESC #1560265
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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.