8513 Tierra Ct Fort Worth, TX 76126
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About this home
Designed and built with unparalleled craftsmanship by M the Builders in highly sought-after La Cantera at Team Ranch, this home blends luxurious and comfortable living with contemporary touches. The custom entryway opens to reveal open spaces and an enormous great room with high-end details including stacked stone, gas fireplace and a tray ceiling featuring custom lighting. Culinary enthusiasts will appreciate an open kitchen that includes a leathered granite island with seating for six. Top of the line, stainless appliances, tile backsplash and custom cabinetry make this kitchen as beautiful as it is functional. The sleek design continues into the dining room which includes a built-in buffet with a wet bar and wine fridge. Nearby, a well-appointed study is the perfect place to handle remote work or settle in with a great book. The primary suite is beautifully appointed with a dramatic tray ceiling and a custom closet with built-in cabinetry that is smartly set up to organize a dream wardrobe. The spa bath includes double vanities, toilet closet, garden tub and a glass shower featuring double showerheads. The stunning design continues throughout two additional bedrooms with large closets and a third bedroom that can serve as a game room with extra storage, thanks to a walk-in closet. Two full bathrooms, one of which can be reimagined as a patio-pool bath, plus a convenient half-bath are crafted with the same high-end cabinetry and designer fixtures. Outside, owners will thrill at the oversized, covered patio that is the ideal place to host a seated dinner for eight or gather in the comfortable seating area to watch the game or cheer on friends as they try their luck on the putting green. Additional amenities and updates include a stacked stone and stucco façade, laundry-mud room with built-ins, cement tile roof, two-car garage with epoxy floor, backup generator, attic heat detectors and whole house water softener and filtration system.
Source: NTREIS #21075912
Neighborhood
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.