1112 Sandy Grove Pl, Leland, NC 28451
4 beds · 3 baths · 2,335 sqft
A Trusst built home in the Shelmore neighborhood of Brunswick Forest with all the curb appeal! On a corner lot with a white picket fence, you are welcomed by the rocking chair front porch and enter through a custom wood and glass front door. Inside, the foyer gracefully leads you to an open area living room and dining room. Enjoy 9' coffered ceiling and gas fireplace in the living room, with trey ceiling and chandelier in the dining area. Elegant wood flooring enhances all main living areas. A telescoping glass door connects the living room with a sunroom (not heated or cooled). Outside the sunroom enjoy a patio area covered by mechanical awning where you can relax next to a propane firepit (conveys with property) and BBQ dinner by hooking your grill up to a gas line bib on the patio. Back inside, the chef's kitchen has granite countertops, ample antique white cabinet space, pendant lighting, bar height seating, and separate pantry with wood shelving. The primary suite features an illuminated trey ceiling, two walk-in closets, dual vanity comfort height granite countertops, make up area, and zero entry fully tiled shower. The additional two bedrooms on the main floor and the guest bathroom are separated by a pocket door, creating a guest suite. Both bedrooms have a cathedral ceilings and closets with wood shelving, The 4th bedroom, or bonus room, has a separate full bathroom. Through the walk-in closet, with wood shelving, is access to the convenient floored attic storage space. Attached 2-car garage is rear facing with epoxy painted floor, overhead storage rack, and double-door storage. Don't miss out on this Shelmore opportunity! Features of Brunswick Forest include: 3 outdoor pools, 1 indoor pool, hot-tub, Fitness & Wellness Center, 2 cardio/weight rooms, tennis, basketball & pickleball courts, Hammock Lake, walking trails, parks, playground, dog park, and meeting rooms. Only a short ride to downtown Wilmington or New Hanover County & Brunswick County beache
Source: NORTHCAROLINAREGIONAL #100473521
Financials
Source: NORTHCAROLINAREGIONAL #100473521
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.