12 Garden Villa Dr, Pinehurst, NC 28374
2 beds · 2 baths · sqft sqft
***Now offering a 4.99% VA Assumable loan to qualified buyers*** Charming Turnkey Patio Home. This beautifully maintained 2-bedroom, 2-bathroom home offers not just a residence, but a lifestyle. Nestled in the sought-after Garden Villas community of Pine Grove Village, this property epitomizes carefree living with an array of amenities and a convenient location. Home offers comfort, convenience, and style. Step inside to discover an inviting living space. The open layout seamlessly connects the living area to the dining space and kitchen, creating an ideal environment for entertaining or simply unwinding after a long day. Both bedrooms are positioned as private suites, offering tranquility and relaxation. The primary suite features a spacious layout, walk-in closet, and an en-suite bathroom for added convenience. Beyond the comforts of home, residents enjoy access to an array of amenities, including a pool, clubhouse, tennis courts, pickleball courts, and basketball court. With exterior maintenance taken care of, you'll have more time to enjoy the things you love. Located just minutes from Pinehurst, Southern Pines, and Whispering Pines, this home offers easy access to shopping, dining, golf courses, and outdoor recreation. Whether you're exploring the charming streets of downtown Pinehurst or hitting the links at one of the area's renowned golf courses, you'll find everything you need just moments away. Don't miss out on this incredible opportunity to enjoy carefree living and fantastic amenities in Pinehurst. Schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100454756
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100454756
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100454756