2424 Nassau Trce, Fuquay Varina, NC 27526
4 beds · 3 baths · 3,146 sqft sqft
NEW PRICE & MOTIVATED SELLERS!! $2,500 in Closing Cost offered with acceptable Offer and Contract. Hard to find Ranch living with 4 Bedrooms and 3 Full Bathrooms. The Second Floor offers Bedroom, Bathroom and Bonus. With 3 Bedrooms on the first floor this open floor plan works so well. Once you enter the Foyer you have Office with built-ins on the left. Next you enter into the Family Room which is open to the Kitchen, Dining Room and Sun Room. Sun Room has the Triple Glass sliding Door System leading the Screen Patio Area and then on to the Patio overlooking the Fenced in Back Yard. Great open Kitchen with Granite tops, Island, Lots of Cabinets and a Pantry. Family room with custom Built-ins. Large Primary Suite with Trey Ceiling, Primary Bathroom with Tile Floor & Tile Walk in Shower and Walk in Closet with custom Wood Shelving and Drawers. 2 more Bedrooms on 1st Floor with a Hall Bathroom. Laundry Room on 1st Floor. Relax on the Amazing Screen Patio and enjoy grilling on the Patio overlooking the Fenced Back Yard.
Source: TRIANGLEMLS #10041748
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10041748
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: #10041748