32 Big Oak Ct, Benson, NC 27504
5 beds · 4 baths · 3,812 sqft sqft
Back on the market at no fault to sellers! Don't miss this opportunity to purchase this beautiful EAST FACING, 5 BEDROOM home!! Conveniently located just off of HWY-50 this home has so much to offer! From the 3 car garage and extra parking pad on the driveway, to the SALT WATER IN-GROUND POOL. At 1.11 acres this CUL-DE-SAC home backs up to the woods! The yard is landscaped with newly planted crepe myrtle, dog wood, and pine trees around the perimeter and retaining walls. The FENCED entertainment space is just waiting for you to enjoy with a salt water pool, HUGE cement patio, and a separate cement pad that has ELECTRIC CONNECTIONS FOR HOT TUB! Be sure to check out the enormous WALK-IN CRAWL SPACE perfect for storage! Inside the home, you will find: A DEDICATED front office with French doors; An OPEN LIVING space and features the large kitchen that includes a breakfast bar, granite counter tops, and space for a kitchen table; DEDICATED dining room; FIRST FLOOR PRIMARY with ensuite bath and walk-in closet. Just off the kitchen is the FRESHLY STAINED SCREENED PORCH with stairs that lead down to the pool. Upstairs you will find 4 additional bedrooms, 2 full baths, a LARGE BONUS/MEDIA ROOM and a walk-in attic for storage. BRAND NEW CARPETS AND FRESHLY PAINTED INTERIOR!! Come and see this fantastic Gem in Benson!
Source: TRIANGLEMLS #10039590
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10039590
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: #10039590