REDUCED $75,000! Wow! Make tracks to see this Beautiful, Open, One-Of-A-Kind home in a Cul De Sac with a peaceful, quiet Waterfront view (with no neighbors behind you or on one side!), plus the Dog Park is one street away! You will be lucky to be in the front and in the heart of the community, just a very short walk to all of the Amenities of The Grove at Carolina Orchards. This home is LOADED with almost every conceivable option (during and after building- see all of the details in the attachments), including an Upgraded Kitchen, Upgraded Baths, a 50 Gallon Gas Water Heater, a Recirculating hot water Watts sytem for instantaneous hot water at the kitchen sink at all times, HVAC maintenance checks 2 x a year w/ Upgraded Systems, a transferable Termite Bond & so much more! You'll fall in love with this pristine, open and airy, split-bedroom home, w/ 2 full Bedrooms plus a Flex space / Library / Den- this home is "Move-In Ready" & is absolute perfection in every possible way! The Primary Bedroom has Custom Closet Built ins @ the Walk In Closet & the Owner's Bath has 'Upgraded Everything', including a Shower Grab Bar. This lovely home was thoughtfully built and elegantly designed, with High-End LVP / Maintenance-free floors, a huge Center Kitchen Island with lots of space for cooking and entertaining, Upgraded, Staggered Cabinets and a Chimney Vent Hood, Upgraded Quartz Countertops, loads of Soft-Close Cabinets, a Gorgeous, Built In Counter Buffett Bar to the left of the Center Island that goes along the other side Kitchen wall, a huge, Walk-In Pantry, Stainless Steel Appliances, Upgraded Pendant Lighting and Specalized Cabinet Hardware. There's Upgraded Flooring and Lighting throughout, with Ceiling Fans in the Great Room, Bedrooms and Den. The owners truly thought of every, tiny detail- there's even a laundry 'work' sink in the garage! This home sports the largest Great Room ever built for this split-bedroom, 'Castle Rock' floorplan (the only one of its kind)! The spacious Great Room, large Dining Area and the Primary Bedroom all face a serene water view (the sellers love watching the ducks and wildlife in the morning over coffee- and the sunsets over the water are amazing here)! If you are looking for an easy-flowing floorplan with the best view in the neighborhood- here's your chance! This home has been meticulously maintained (see notes under the "Upgrades and Improvements" attachment)- and the sellers are a joy to work with and are Buyer and Agent friendly. I helped them build this home, with many inspections along the way, including a very detailed final inspection- no detail has been missed, and every thoughtful addition has already been added- so bring your buyers who expect only the very best! The sellers opted not to put on a full deck or raised patio (like next door) as they do not like to be outside due to allergies. A deck or raised patio is possible as an extension of the outdoor living space (see similar decks in Carolina Orchards and the beautiful patio next door). The sellers may remain home during showings, most likely in the front Den, as unobtrusive as possible (one seller has health issues that prevents them from leaving during most showings). PLEASE NOTE THAT THE PICTURE OF THE DECK IS WHAT 'COULD' BE BUILT- or like the terraced patio next door. The HOA/Amenity fee is $321 per month in 2026. There is a Capital Contribution due @ closing (12 x the monthly assessment, prorated by sale) date. Owners must be 55 + to buy and reside in this community and there is a 6 month rental restriction minimum. *A VA ASSUMABLE LOAN IS AVAILABLE FROM THESE SELLERS AT THE CRAZY RATE OF 2.25% FOR VA BUYERS (MUST SUBSTITUTE EILIGIBILITY)!* The SC '65 and Over' Homestead Exemption is already in place for new buyers to take advantage of immediately if one is also 65 or over. Make sure to apply for that with the city when changing driver's licenses and showing proof of ownership with the change of address.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
