270 S Ridge Dr, Garner, NC 27529
4 beds · 3 baths · 2,070 sqft
Stunning 2,100 SqFt Home on 2.47 Acres in Garner, NC - A Must-See! Welcome to your dream home! This beautifully updated 2,100 sqft residence sits on a spacious 2.47-acre lot, offering a perfect blend of modern amenities and serene country living—all just minutes from the heart of Raleigh, NC. Key Features: Fully Updated: Every inch of this home has been meticulously renovated, offering a fresh, modern aesthetic with high-end finishes throughout. No detail has been overlooked! Spacious Open Floor Plan: Enjoy the abundance of natural light in the open-concept living and dining areas, perfect for entertaining and family gatherings. Gourmet Kitchen: The chef-inspired kitchen boasts brand-new stainless steel appliances, c, , and beautiful granite spacious countertops, making meal prep a breeze. Comfortable Bedrooms: The master suite features a spacious layout, with a luxurious en-suite bathroom complete with a soaking tub shower combo, and double vanity. Two additional bedrooms provide plenty of space for family or guests. Outdoor Oasis: Step outside to your private 2.47-acre lot, offering endless possibilities for outdoor living. Whether you're looking to create your own garden, build a workshop, or simply enjoy the peaceful surroundings, this property has it all. Quiet, Yet Convenient Location: Situated in a peaceful, rural setting, but just a short drive to downtown Raleigh and Garner, shopping, dining, and major highways, offering the perfect balance of privacy and convenience. Whether you're seeking a retreat from the hustle and bustle of city life or a spacious home with room to grow, this property offers something for everyone. Don't miss the opportunity to make this newly updated home yours! Schedule your private showing today!
Source: TRIANGLEMLS #10076380
Financials
Source: TRIANGLEMLS #10076380
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.