1998 Ward Rd NW, Longwood, NC 28452
2 beds · 2 baths · sqft sqft
Escape to the tranquility of the countryside with this charming 1.58+/—acre property, surrounded by peaceful farmland and over 150+ feet of paved road frontage. Located in a level, wooded area, this property offers the perfect blend of seclusion and convenience. It is under 30 minutes from the beautiful South Brunswick Island beaches and a 15-minute drive to shopping, dining, medical and golf courses. If you're tired of the hustle and bustle of city living, this could be the serene retreat you've been dreaming of. Located at 1998 Ward Road in Longwood, this property includes a well-kept 2018 double-wide manufactured home, complemented by a spacious 24 x 36 two-car metal building. Inside the house, you'll find a spacious kitchen, living room, flex/office space, and dining area which has a trey ceiling. There is box and chair molding, ceiling fans, crown molding, and elegant valances for a touch of sophistication. The kitchen has staggered cabinets, a center island, task lighting, LVP flooring, a gas stove, recessed lighting, and a charming archway leading into the living room. The split floor plan features an owner's suite with an ensuite bathroom, a walk-in shower, double sinks, and a spacious walk-in closet. The utility room enhances the home's practicality, offering a sink, washer, dryer, cabinets, and ample counter space. With no Homeowners Association, this property also includes a private septic system and private well. Just a short drive from the South Brunswick Islands, the South Carolina state line, and the attractions of Myrtle Beach, don't miss the chance to enjoy a peaceful country lifestyle while staying close to all the amenities you need. Schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100461857
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100461857
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: #100461857
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.