204 Oyster Ln, N Topsail Beach, NC 28460
2 beds · 2 baths · sqft
This beautifully rare single family home checks the boxes. The location is everything and only 363 feet from the waves, situated between the ocean and intercoastal waterway on the North end of Topsail Island you will find this adorable 2 bed 2 bath home. Up on pilings with decks for days, the views will surely impress. Step inside the glass French doors into the vaulted ceiling living room with dual fans. Beautiful dark LVP recently installed throughout to compliment the natural light. Enter the practically brand-new kitchen and find this island just tripled in size, new soft close cabinets, brand new granite countertops, a pantry added, refrigerator, light fixtures, and a deep stainless-steel sink is sure to wow. A propane tank has been installed to power up the new gas stove and tankless water heater, both less than a year old. The kitchen is centered between an open eat in dining area and a bedroom with its own door to the back deck to take in the views. In addition, there is a freshly remodeled bathroom with a new walk-in shower, vanity, and sink. The laundry area is tucked away right under the stairs. Upstairs there is an overlook of the living room, a full bathroom and the primary bedroom with dual fans. The closets with barn doors finish off the primary. From there you head out to the second-floor balcony where the views get even better. Under the home you will find an abundance of enclosed spaces for parking, storage, a game room, or even a workshop, and an insulated locking storage closet perfect for short term rentals, because that's right, NO HOA! To complete this perfect package on one of the largest lots, an outdoor shower was recently installed. This perfect home is just steps from a level, easily walkable public beach access. Fishing, boating, swimming, shelling...Topsail has it all. Go to the 4x4 drive on beach access less than half a mile away. Minutes to bases, restaurants, shopping and more, this beach oasis is waiting for you. Don't miss out
Source: NORTHCAROLINAREGIONAL #100477011
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100477011
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: #100477011
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