143 Windy Woods Way, Wilmington, NC 28401
4 beds · 2 baths · sqft sqft
Experience exceptional living at Windy Woods in DR Horton's highly sought-after Cali floor plan, featuring 1,786 square feet of thoughtfully designed space. This charming home is ideally located just outside picturesque downtown Wilmington, offering both convenience and tranquility. Enjoy the expansive, fenced backyard—a perfect canvas for creating your own outdoor retreat. The covered porch provides a serene space with privacy fencing on the side and aluminum fencing at the back, which offers unobstructed views of the beautiful tree-lined retention pond. The Cali model boasts a spacious, one-level split floor plan with 9-foot ceilings, ensuring ample space and privacy for everyone. The inviting foyer, complete with a storm door, allows natural light to flood the entry while keeping insects at bay. The front of this home features three versatile bedrooms, which can also serve as dedicated office space, or workout rooms, and includes a full bath for added convenience. The open-concept kitchen seamlessly connects to the dining and living areas, creating an ideal setting for both entertaining and everyday living. Modern amenities include quartz countertops, a natural gas range, with dual ovens, a stainless-steel appliance package, and plenty of countertop space thanks to a large kitchen island. The owner's suite is a true getaway, offering a bright and spacious room with an ensuite bathroom, with dual vanities, and dual closets for ample storage. Additional features include a tankless hot water heater in the garage, which provides extra floor space and ample wall area for shelving. Come explore this quaint 44 home community, with wide streets and sidewalks and no city taxes! You are close to I-40, 25 minutes to Wrightsville Beach and 5 minutes to Historic Downtown Wilmington. Come and see why the Windy Woods Community is a great choice for YOU! Seller is offering a one year 2-10 Home Warranty!
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.
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: #100459565