1302 Caracara Dr, New Bern, NC 28560
3 beds · 3 baths · sqft
** SELLER IS OFFERING $5,000 IN CLOSING COSTS **Welcome to Fairfield Harbour, where every day feels like a resort getaway! This gated community is designed for those who love an active, outdoor lifestyle, with amenities tailored to marine enthusiasts and nature lovers alike. Fairfield Harbour offers one of the region's most comprehensive lineups, featuring two marinas with access to the Neuse River and Intracoastal Waterway, a boat ramp, golf course, tennis and pickleball courts, scenic walking trails, a playground, a dog park, fitness classes, and yoga sessions. All designed to keep you active and engaged! Now presenting 1302 Caracara Drive — an inviting, newly painted and MOVE-IN-READY home with over 1,700 sqft of character and charm! The thoughtfully upgraded kitchen features granite countertops, new appliances, and a fresh backsplash for a modern touch, while the main living and dining areas showcase beautiful hardwood floors and a stunning oversized brick fireplace. Natural light floods this home, amplifying its airy and spacious feel. Retreat to the first floor primary suite, which offers an en suite bathroom with tile floors, dual vanities with granite counters, a walk in shower and private access to the newly built deck, approximately 27' x 25' with a 12'x12' gazebo—ideal for morning coffee or relaxing afternoons and entertaining. Upstairs, enjoy new carpet throughout all good sized bedrooms and a remodeled Jack and Jill bathroom with a walk-in shower. Storage abounds, with a fully floored attic, ample closets, and an attached storage room. Plus, a fully wired shed awaits, ready to serve as your workshop. UPGRADES: New driveway, gutters with leaf guard, whole house reverse osmosis system, new water heater, large rear deck with gazebo, fresh paint throughout, new carpets, new laminate, new kitchen appliances, 3 new storm doors. Don't miss this chance to enjoy a resort-like lifestyle at an affordable price in Fairfield Harbour!
Source: NORTHCAROLINAREGIONAL #100472837
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100472837
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: #100472837
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.