390 Winding Creek Dr
Carthage, NC 28327
4 beds · 4 baths · 3,334 sqft
$669,000
Get prequalifiedAbout this home
Nestled on an expansive 10.13-acre, the property seamlessly blends timeless elegance with modern convenience. Four bedrooms, four bathrooms, an office/den, a recreational area, and a formal dining room, this home is thoughtfully designed. The spacious living room, offers natural light and an inviting space for entertaining, providing direct access to a covered rear porch. The owner's suite serves as a private sanctuary, featuring dual vanities, a walk-in shower, a whirlpool tub, and a generously proportioned walk-in closet. The chef-inspired kitchen, complete with a gas rage, breakfast bar and nook, is highlighted by large windows that frame backyard views. Adjacent, the grand dining area and expansive living space are ideal for hosting guests and gatherings. This home is further enhanced by a wealth of amenities. The property includes a 30x60 workshop with three 10x10 roll-up doors and 200-amp service, a 25x25 carport, and a newly added chicken coop (December 2022). A 1.5-acre fenced pasture with a two-stall horse barn. Access to a nearby community lake further enhances its appeal. Recent updates underscore the property's commitment to quality and functionality. These include new lighting and luxury vinyl plank flooring (December 2022), a whole-house water filtration system (December 2022), a new roof (January 2023), updated foyer, new hot water heaters (2024), and solar-powered electric garden fencing (February 2024). Essential features such as a whole-house generator and two wells—one serving the home and the other the shop and animals—ensure convenience and reliability. Situated on a private 2.5-mile gravel road, the property is not subject to the Winding Creek Subdivision HOA, although a $180 annual contribution is made for road maintenance. Combining refined living with rural tranquility, this meticulously maintained property offers an exceptional lifestyle opportunity for those who value privacy, modern upgrades, and timeless appeal.
Source: TRIANGLEMLS #LP737762
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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