320 Springtree Cir, Fuquay Varina, NC 27526
6 beds · 5 baths · 3,891 sqft sqft
Turnkey custom theatre conveys.The home you have been dreaming of is here..nestled into a quiet cul de sac in desirable Sunset Bluffs. Beautiful curb appeal with a rocking chair front porch. The driveway provides ample parking on this custom built Saybrooke home. Large fenced backyard backs to a wooded area with a pond view. Gorgeous site finished hardwood floors. Home office with french doors. Formal dining room. Arched door ways, Beautiful trim work. Built in bookshelves, and gas log fireplace. Open floor plan. Large breakfast area. Drop zone. First floor bedroom and full bath. Chefs kitchen with huge island, granite, stainless, tile backsplash, coffee bar area and large pantry. On the second floor you have hardwoods throughout the hallway, a large bonus room, with a hidden playroom, laundry room with cabinets and sink, three additional secondary bedrooms, two baths and beautiful owners suite. Owners suite has two closets, owners bath has soaking tub, separate shower, dual vanities and water closet. And there is MORE.... head up to the third floor to see the loft area with built in bookshelves and entertainment area with beverage fridge. Walk through the large door into the custom theatre room. Theatre room has half bath. Two car garage offers extra storage space and an EV charger. It may be a possibility to add a pool to this lot, or join the neighborhood pool, which includes tennis and pickle ball. Sunset Bluffs has two parks, one with a playground, shelter and community garden. Access Bass Lake park directly through the neighborhood, and use the greenway to go to downtown Holly Springs. Sunset Bluffs is ten minutes to downtown Holly Springs, and 12 minutes to downtown Fuquay-Varina. Herbert Akins Elementary and Middle Schools are right around the corner from the neighborhood.
Source: TRIANGLEMLS #10050932
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10050932
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: #10050932
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.