905 Academy Oaks Dr San Marcos, TX 78666
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About this home
Immaculate pristine three bedrooms two baths plus office living area 2012 ft.² Built 2018 exterior full brick, and Texas stone. Two car garage with insulated door opener. Freshly painted cabinets and workbench in garage and shed. Separate sale can Include all appliances, and furnishings. All gas stainless steel appliances, Samsung double door refrigerator freezer, also garage ready stainless steel freezer for the garage. Trane HAVC, in wall pest control system, water softener, solar generator.HOA community Academy Oaks has miles of walking trails, 2 Pools, Community Center/ weekly farmers market. Comes with one year home warranty. This is a turn key three bedroom plus office two bath 2012 ft.² brick home, turn the key, cook dinner and relax. the interior exterior has two coats of fresh paint the entire house including the garage has 6 inch decorative baseboards and trim Crown molding in the primary bedroom, all rooms have 10 foot ceilings and 8 foot custom doors. Granite in kitchen and both baths, oversize custom island, stainless steel gas appliances, primary includes Italian tile marble shower with glass shower enclosures. elevated ceilings with upgraded fans custom window shades, large covered patio with dual fans Texas stone fire pit with custom deck natural gas grilling station with grill 12 x 14 shed with a green house completely stocked with every tool needed for gutters, water softener, solar generator, and garage storage with a workbench the community offers trails 2 Pools Amenity Center The refrigerator conveys and furnishings and tools available separately for a true walk-in and live option one year home war included by appointment only the Samsung double door, refrigerator, all fixtures, contents, and furnishings available for separate sale. all furniture in the pictures in this home, including the tools goes with the home and can be bought separately.
Source: ACTRIS #3597803
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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.