1005 Paradise Dr, Havelock, NC 28532
3 beds · 2 baths · 1,742 sqft
The Perfect Blend of Waterfront Living and Modern Comfort! This charming 3 bedroom, 2 bath residence boasts a flowing floor plan and stunning water views from every room, making it a picturesque setting for relaxation and entertainment. Recently updated and move-in ready, this home is the ideal retreat, whether as a forever residence or a serene getaway. Step inside to find a freshly painted interior that is not only inviting but also being sold furnished, excluding a few personal items. The first floor features a cozy bedroom, versatile bonus room, and a full bath, all adorned with LVP flooring and some recessed lighting. The kitchen is complete with stainless steel appliances and an open layout perfect for entertaining family and friends. Recent updates include new upstairs toilets and cabinets, ductwork, and a washer and dryer purchased in 2023. Venture outside to your private water-facing deck, equipped with a TV and an awning that provides shade for those sunny days. Sip your morning coffee while enjoying breathtaking views and witnessing the vibrant local wildlife. This property is situated on over an acre of land along Adams Creek, featuring deep water access and a convenient proximity to the Intracoastal Waterway. The newly constructed 85' concrete dock, complete with a 10,000-pound boat lift and an additional slip, allows for effortless boating and fishing adventures. A fish cleaning station with water and electricity on the dock makes it easy to prepare your catch while being surrounded by the beauty of nature. This home truly embodies the essence of coastal living, offering serene views and a peaceful atmosphere. Don't miss out on this captivating property! Schedule a showing today and take the first step toward making this stunning residence your own.
Source: NORTHCAROLINAREGIONAL #100487702
Financials
Source: NORTHCAROLINAREGIONAL #100487702
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.