888 Coralberry Ln Greenwood, IN 46143
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About this home
Discover the charm of 888 Coralberry LN, a meticulously maintained single-family residence nestled in the heart of Johnson County. This property offers an inviting atmosphere, ready to welcome you home. With newer carpet, very clean, with NO pets, this home is ALLERGAN FRIENDLY! Built in 2016, why build when you can have almost brand new for less! The extremely expansive patio, with a built in fire pit, pagoda and basketball goal, provides the perfect entertaining space for get togethers, or just to enjoy a quiet evening after a long day at work. The downstairs office can easily be used as a downstairs 4th bedroom, formal dining or living room. The options are endless! With 2188 square feet of living area spread across two stories, this home provides a comfortable and functional layout. The residence features three bedrooms and an upstairs loft, providing plenty of space to spread out. Imagine waking each morning in your private haven, ready to embrace the day. The impressive and spacious primary bedroom with ensuite includes it's own TV across from the toilet! The oversized primary walk in closet includes a custom California Closet system and your own personal access to the upstairs laundry room. Two full bathrooms and one half bathroom allow everyone to prepare for their day with ease. Situated on a 6839 square foot lot, this property only about 5 minutes to schools, shopping, and 65. This residence offers the comforts of modern living and offers a wonderful opportunity to establish roots and create lasting memories.
Source: MIBOR #22071302
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.