Oyster Bluff Dr Myrtle Beach, SC 29588
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About this home
Don't miss out on this gorgeous & seriously well maintained home, centrally located to almost everything and anything along the Grand Strand. Location is everything, and this gem is 20 min (or less!) from: MB Intl. Airport, Grand Strand Hospital and other great health care facilities, The Murrells Inlet Marshwalk, Broadway At The Beach, countless amazing dining choices, live music venues, and of course - THE BEACH!! Moving to the home itself, the current owner has meticulously maintained this home as well as quite a few upgrades chosen at the time of construction, and some completed after. The Kitchen boasts granite counter tops, custom back-splash, & cream colored cabinets w/floating crown, walk-in pantry, as well as an island w/ breakfast bar & additional seating. The open concept Kitchen, dining, and spacious living area are located on the 1st floor, along with the bonus/flex room that can be used as a office, formal dining, or any other vision you come up with!! The roomy screened in rear porch steps out to a large, fenced in back yard overlooking a pond. Talk about relaxing!? Upstairs are bedrooms 1-3, as well as the HUGE master bedroom w/ walk-in closet and private bathroom that has room to spare. Each additional bedroom is a minimum of 11.5 x 11.5 ft, and all have easy access to the 2nd bathroom on the same hallway. And to top it all off, the 2nd floor features it's own loft area living space and walk-in laundry room. This home really does have it all!!
Source: MYRTLEBEACH #2519896
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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.
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