2501 Brighton Pt, Sanford, NC 27330
4 beds · 5 baths · 4,280 sqft sqft
Move in ready in prestigious W. Sanford Brighton Park. Circular driveway with two car garage, 2 extra spaces on the side. Two story entry with brand new solid oak flooring through the foyer, kitchen, great room, breakfast and dining rooms! Fabulous floorplan with large owner retreat on first floor. Walk in closet, workable desk dressing area, whirlpool tub, tankless water heater and enormous tiled shower with bench. Laundry room with has brand new LVP, right off the garage breezeway. Upstairs you will find three spacious bedrooms with exceptional closet space and built in bookcases, a bonus room and two full baths. Room over garage has separate HVAC unit, great closet and LVP florring. Are you a reader?? Check out these bookcases in the 4/5 bedroom area! Septic for 4 bedroom, but this home can function as a 5 bedroom. All new neutral carpet and LVP upstairs. Natural gas heat 2017. Showings begin 10/25 PLEASE REMOVE SHOES!!! Wait till you see the privacy and the statuesque way this home sits above the tree lined property Flat backyard would accomadate a large pool. Screened in porch to patio. Amazing entertaining home! Can you see your holiday decor in the family room!!
Source: TRIANGLEMLS #10058796
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10058796
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: #10058796
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.