8710 White Quail San Antonio, TX 78250
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About this home
**PRICED BELOW APPRAISED VALUE & MOVE-IN READY** Welcome to this delightful 3-bedroom, 2.5-bath home nestled on a .15-acre lot. From the moment you step inside, you'll be greeted by a formal dining room that flows seamlessly into the cozy living area featuring a wood burning fireplace and the spacious kitchen. Cooking enthusiasts will fall in love with the oversized walk-in pantry, offering endless storage potential. The main level also features a convenient laundry room and separate half bath for guests. Head upstairs-by stairs or chair lift-to find a generous family room perfect for movie nights or game days. The family room can also be turned into an additional bedroom with a closet already in place. The primary suite offers a serene retreat with an ensuite office, dual separate vanities and a walk-in shower. The secondary and tertiary bedrooms provide ample closet space, making them perfect for family, friends, guests or storage. Step outside to your private backyard oasis, complete with a covered porch, pull-down screens for added shade, and an additional patio space ideal for BBQ's and gatherings. Need extra space? The climate-controlled workshop or She-Shed, Man-Cave, or future guest suite-adds a versatile benefit to this already impressive property. With numerous upgrades throughout, this home is a must-see. Schedule your showing today!
Source: SABOR #1857478
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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.