143 Windy Woods Way, Wilmington, NC 28401
4 beds · 2 baths · sqft
Welcome to Windy Woods: Your Dream Home Awaits! This stunning Cali floor plan by DR Horton, featuring 1,786 square feet of thoughtfully designed space. Just outside of our vibrant downtown, this charming home combines convenience and tranquility. Enjoy the expansive, fenced backyard with an open canvas to work with. The covered porch offers privacy with beautiful views of the tree-lined retention pond, ideal for relaxation or entertaining. Inside, the one-level split floor plan boasts 9-foot ceilings, an inviting foyer with a storm door allowing natural light to flood the entry while keeping pests at bay. The front of the home includes three versatile bedrooms, perfect for guests, home offices, or workout spaces, along with a convenient full bath. The open-concept kitchen seamlessly connects to the dining and living areas, ideal for entertaining and everyday living. Enjoy modern amenities like quartz countertops, a natural gas range with dual ovens, and a stainless-steel appliance package, all anchored by a large kitchen island. Retreat to the spacious owner's suite, featuring an ensuite bathroom with dual vanities and ample storage with dual closets. Additional highlights include a tankless hot water heater in the two car garage, allowing you to maximize your storage space. Windy Woods is a quaint community of just 44 homes, complete with wide streets and sidewalks—plus, no city taxes! Conveniently located near I-40, you're just 25 minutes from Wrightsville Beach and 5 minutes from Historic Downtown Wilmington and a mile and a half to the airport. Don't miss your chance to experience the charm of Windy Woods! Schedule a showing today and explore why this community is the perfect choice for you. The seller is also offering a one-year 2-10 Home Warranty for peace of mind! Your 2024 home is ready—come see it today!
Source: NORTHCAROLINAREGIONAL #100459565
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100459565
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: #100459565
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.