123 Bayshore Dr, Sneads Ferry, NC 28460
4 beds · 3 baths · sqft sqft
Nestled in the scenic gated waterfront community of Chadwick Shores in Sneads Ferry, NC, this charming Cape Cod-style home invites you to experience coastal living at its finest. The inviting front porch provides ample room to relax and enjoy refreshing coastal breezes, w/your favorite beverage. Venture inside to a spacious open foyer that gracefully leads into a lrg living room, featuring a cozy gas fireplace, vaulted ceilings, & stunning hardwood floors that flow seamlessly throughout the home. Entertaining is a breeze in the expansive formal dining rm, adorned with a coffered ceiling, elegant moldings, and chair rails. The well-appointed kitchen offers generous cabinet space, w/ a convenient counter for casual meals or a cozy nook for those quick meals. The primary bedroom, conveniently located on the first floor, boasts trey ceilings, a WIC, an en-suite bathroom complete with a jetted soaking tub, a walk-in shower, linen closet, and double vanity sinks. Two additional guest rooms located on the first floor, along with a full bathroom & laundry room that connects to the two-car garage. Upstairs, discover a versatile fourth bedroom with an adjoining full bathroom, a large bonus room perfect for recreation or relaxation, and a walk-in attic for added storage. Step outside to unwind on the spacious screened-in back porch or enjoy the concrete patio, ideal for grills, fire pits, & additional outdoor seating. The fully fenced yard includes a shed for extra storage, ensuring you have space for all your outdoor essentials. As a resident of Chadwick Shores, you'll appreciate the community's waterfront park featuring a fishing dock, picnic tables & grills, a pavilion, playground & a sandy water's edge. Located just a few miles from North Topsail Beach shopping centers, and Marine bases, this home perfectly blends convenience & coastal charm. Don't miss your chance to experience all that Chadwick Shores has to offer. $5K from sellers towards closing costs!
Source: NORTHCAROLINAREGIONAL #100469554
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100469554
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: #100469554