3574 Ruddy Duck Wynd, Southport, NC 28461
3 beds · 4 baths · sqft sqft
2.75% loan is assumable! Overlooking the entire Players 7th hole, one of the few SJP lots to look straight from the tee box to the green this 3,757 SF luxury home is truly extraordinary with its attention to detail and upgrades. Spacious living with 3 bedrooms, 3.5 baths on very convenient eyebrow street. Pulling into the driveway, you are welcomed by a half-acre landscape which at night is dramatically lit. Plenty of parking space for your guests and visitors. Enter the home and look to the golf course through the 14' window wall. The large living room features hardwood floors, gas fireplace, built-ins, and exquisite trim work. To the right is a spacious formal dining room, and beyond is the extraordinary kitchen, with abundant storage and a large island, featuring leathered granite countertops. In the island is the six-burner Thermador cooktop. The oven is Dacor. Quartz sink, with touch faucet. Whole-house Kinetico water softener and purification system delivers premium quality water to all faucets. Off the kitchen is the glassed Carolina room overlooking the golf course. The first floor has a large home office boasting a wall of cabinets and bookcases, and a partner's desk. The first-floor main bedroom is spacious with its own columned sitting room, glassed with a view of the tee box - a true sanctuary. Separate his-and-her walk-in closets. Adjacent to the closets is the laundry room with granite counter tops and ample storage. Guest room on other side of the house with a large bath and closet. Upstairs is the third bedroom, with full bath and walk-in closet. Over $260,000 of improvements include a new roof, 6'' gutters with guards(2022), tankless gas hot water heater, inground 120 gal propane tank, Spartacote finished garage (500 SF) floor with storage, new HVAC, cabinetry, Crawl space encapsulation with dehumidifier and sump pump. Built in drainage system for yard. Plantation shutters. Make this gem yours today!
Source: NORTHCAROLINAREGIONAL #100453086
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100453086
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: #100453086
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.