85 Dundee Rd, Pinehurst, NC 28374
4 beds · 4 baths · sqft
Welcome to a beautiful 4 Bedroom 4 Bath home located in the heart of Pinehurst on a desirable large corner lot. Enjoy hardwood floors throughout the main floor with an open living area between the kitchen and living room. 2 Bedrooms and 2 full baths are found on the first floor along with access to the 2 car garage, laundry room, and a dining room.The dining room is traditional with a tray ceiling and board and batten walls. Find trim and crown molding on the high ceilings throughout the house.Granite countertops are featured in the kitchen and vanities.The bathrooms include Schluter system showers. Access to a large deck with privacy fence and enjoy evening out on the brick patio in your spacious back yard. Upstairs you will find a bonus room with a full bath and two bedrooms with a jack and jill bathroom. In addition to the two closets in each of the bedrooms you have plenty of storage space off the bonus room with an unfinished attic.The crawlspace is fully encapsulated with a dehumidifier. New additions have been made this year to include new paint inside and out, landscaping and irrigation,a vinyl fence, and Trex decking on the front and back porches. This home is very close to the Village of Pinehurst where you can find local shopping and restaurants. Moore County Regional Hospital and medical offices are within a mile of this property. Transferrable Pinehurst Country Club membership attached.
Source: NORTHCAROLINAREGIONAL #100476900
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100476900
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: #100476900
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.