125 Linden Rd, Richlands, NC 28574
3 beds · 3 baths · sqft
Welcome to your dream home in the serene Cherrywoods subdivision! Nestled just outside the city limits with no HOA, this beautiful 3 bed, 2.5 bath with bonus room is renewed and ready to impress. Step inside to a completely reimagined interior that blends modern touches with timeless elegance. On the main level, you'll find a seamless, floor plan that's perfect for living and entertaining. The inviting living room features a stunning fireplace that flows effortlessly into the dining area. The kitchen is a perfection with brand-new appliances, new sleek cabinets, new gleaming countertops, a stylish new sink, and updated plumbing fixtures—all complemented by a cozy breakfast nook. A conveniently located half-bathroom with a new vanity adds to the functionality of this space. The main level is tied together with new gorgeous LVP flooring, fresh neutral paint, and updated lighting fixtures throughout. Head upstairs to discover a whole new world. Two secondary bedrooms with plush new carpeting offer comfort and versatility, while the primary bedroom is a true sanctuary. It features an ensuite bathroom with a double vanity, a luxurious shower stall, and a separate jetted soaker tub—the perfect spot to unwind. You will also find a generous size bonus room, for so many possibilities. Even the garage shines, with fresh paint and brand-new epoxy floors. Outside, the possibilities are endless, with a fully fenced yard and plenty of space to design your own private oasis. This stunning home is more than a move-in-ready masterpiece; it's a canvas for your next chapter.
Source: NORTHCAROLINAREGIONAL #100479758
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100479758
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.
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.
MLS ID: #100479758
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.