1334 Cadbury Castle Dr SE, Bolivia, NC 28422
3 beds · 2 baths · sqft
FURNITURE NEGOTIABLE WITH AN ACCEPTABLE OFFER!!!. Discover your dream home in the heart of Bolivia, NC. This meticulously maintained single-family residence features 3 spacious bedrooms, 2 well-appointed baths, and a convenient 2-car garage, all situated in a serene neighborhood that perfectly balances tranquility and accessibility. With its inviting curb appeal and modern design, this property is ready to provide you with a perfect blend of comfort and style. Step inside and be captivated by the beautifully decorated interior, where neutral tones and contemporary furnishings create an inviting atmosphere. The open-concept living area showcases upgraded appliances, including a stunning Samsung Bespoke refrigerator and an LG large-capacity washer and dryer, making daily living a breeze. Enjoy cooking and entertaining in the stylish kitchen, complete with sleek granite countertops and durable LVP flooring that flows throughout the main living spaces. The bonus room upstairs offers versatile use as a home office, playroom, or extra guest space, tailored to suit your lifestyle. The outdoor space is equally impressive, featuring a huge backyard fully enclosed with a 6-foot vinyl fence, perfect for privacy and outdoor activities. Relax or entertain in style on the covered back porch, where you can enjoy your morning coffee or host evening gatherings amidst the beauty of your surroundings. Located only 10 miles from the stunning Oak Island beach and 15 miles from historic downtown Southport. This charming property is a must-see and is priced competitively! Don't miss the chance to make this lovely house your home. As a bonus, Alpha Mortgage is offering a $550 credit toward appraisal or a 2-10 Home Warranty for the buyer.
Source: NORTHCAROLINAREGIONAL #100470668
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100470668
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: #100470668
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.