1001 Berwick Ct Waxhaw, NC 28173
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About this home
Welcome to your dream luxury home, an exquisite 5-bedroom, 4.5-bath masterpiece nestled within a serene cul-de-sac and on a picturesque golf course. This stunning three-story residence features a spacious four-car garage, providing ample room for all your vehicles and toys. Step inside to discover an elegant layout highlighted by a grand entrance and abundant natural light throughout. The heart of the home is the expansive primary suite, designed as a retreat with a generous walk-in closet that any fashion enthusiast would adore. Each additional bedroom is thoughtfully appointed, offering comfort and privacy for family and guests. Entertainment takes center stage in the beautifully designed outdoor oasis, showcasing a sparkling saltwater pool and spa, complete with a luxurious swim-up bar—perfect for hosting summer gatherings. The outdoor kitchen, equipped with a grill setup and ample prep space, is ideal for alfresco dining and entertaining amidst stunning views. The finished basement adds to the allure, featuring a second kitchen and living area that opens directly to the pool, creating seamless indoor-outdoor living. With ample space for relaxation and socializing, it’s perfect for family gatherings or enjoying a quiet evening at home. Located within proximity to the finest schools, this luxurious home combines elegance, functionality, and a life of leisure. Don’t miss this rare opportunity to own a slice of paradise, where exceptional craftsmanship meets a vibrant lifestyle!
Source: CANOPYMLS #4299437
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Close stress-free in 45 days, handled start to finish by Roam.
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.