165 Laura Dr, New Bern, NC 28562
3 beds · 3 baths · sqft sqft
You are going to want to get to this one quick! This 2007 custom built home has the features, design and quality craftsmanship that you just don't find in all of today's mass home building market. Offering 3 bedrooms and 2 full baths on the first floor, the home also boasts a bonus/flex room upstairs with another full bath and closet space aplenty. Downstairs, with the primary bedroom on one side of the home and two secondary bedrooms on the other side, you will find a spacious main living area with well appointed kitchen, vaulted ceilings in the living room and beautiful details in the dining room with trey ceiling. One secondary bedroom did have stained carpet so the seller is offering $1,000 in carpet allowance for that room to allow the new owner to choose their flooring. The stove in the kitchen and the dryer are on natural gas. In the fireplace are gas logs but these have never been used since the home was built, although easily connected. The gas dryer can also easily be converted back to electric. In the kitchen there is an abundance of cabinet space as well as granite countertops. In the garage, currently set up as a full gym with window unit for cooling, you find your on-demand tankless hot water heater and whole home vac unit. Out back is a large screened in porch area with large ceiling fan and TV set up to enjoy some outdoor living. This opens out to your composite deck and 16x32 pool as well as a massive wired shed/workshop. Around the side is a custom built, one of a kind full batting cage with retractable netting to turn it from batting cage to open practice pitching mound. On this side you will also see your Generac whole home generator powered by natural gas. Full vapor barrier in the clean and maintained crawlspace. Up top is your roof only 5 years old, installed in 2019. The yard is fully fenced in. There are just too many other details to this home, too many to mention. Call us today for your private showing before it's gone!
Source: NORTHCAROLINAREGIONAL #100470740
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100470740
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: #100470740
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.