412 Holly St, Emerald Isle, NC 28594
3 beds · 2 baths · sqft
Beautiful home located on the sound side of Emerald Isle,. Within walking distance to the Emerald Isle pier. many shops, and restaurants. Tucked away inside the sought after Ocean Forest neighborhood, with its own private neighborhood beach access and* No HOA restrictions. * Many recent updates throughout the home such as new light fixtures, appliances, fresh paint, & butcher block kitchen countertops. Gorgeous CALI BAMBOO flooring throughout the upstairs main living areas. 3 bedrooms, kitchen, dining and living room. Located downstairs is addition finished living space with 2 bonus rooms. Both of which are heated and cooled. Access the downstairs from within the home either by the spiral staircase or the elevator. Outside you'll find the oversized lot really expands your living space. Perfect for entertaining and year-round enjoyment. This special little oasis (with gorgeous, stocked KOI pond) is tucked away within the beautiful foliage. You'll find the trees create a wonderful natural canopy in the backyard while still allowing plenty of sunlight in . In the evenings you can enjoy gathering around the firepit, (complete with Adirondack seating.) Nature enthusiast will love sitting outside listening to all the birds and observing all the wildlife. Check out the video of the young buck that showed up this past week to check out this wonderful home and get a drink from the koi pond in the backyard. Emerald Isle is known for such marvelous sightings. You'll also find an Outdoor shower, Fish cleaning station and freshly painted shed for extra storage. Whether you are looking for a family home, a place to retire or a wonderful investment, you don't want to miss out on this home. Used as a VRBO for the last two seasons this home has been well kept and has excellent rental history, making it a great choice for those looking to invest. Located in an award winning school district for those with children. MOTIVATED SELLERS, bring your offers!!!
Source: NORTHCAROLINAREGIONAL #100462742
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100462742
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.
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.
MLS ID: #100462742
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